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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
EXPENSES        
Sponsor’s Fee $ 1,483,871 $ 1,520,133 $ 4,494,223 $ 4,764,136
Total expenses 1,484,000 1,520,000 4,494,000 4,764,000
Net investment loss (1,484,000) (1,520,000) (4,494,000) (4,764,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on Bullion transferred to pay expenses 129,000 76,000 431,000 529,000
Realized gain on Bullion distributed for the redemption of Shares 3,631,000 760,000 7,423,000 2,837,000
Change in unrealized (loss) on investment in Bullion (5,500,000) (48,542,000) (36,230,000) (104,296,000)
Total (loss) on investment in Bullion (1,740,000) (47,706,000) (28,376,000) (100,930,000)
Change in net assets from operations $ (3,224,000) $ (49,226,000) $ (32,870,000) $ (105,694,000)
Net increase / (decrease) in net assets per Share $ (0.29) $ (4.12) $ (2.93) $ (8.91)
Weighted average number of Shares 11,052,717 11,960,870 11,213,004 11,856,227