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Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
EXPENSES      
Sponsor’s Fee $ 5,919,545 $ 6,222,877 $ 5,840,480
Total expenses 5,920,000 6,223,000 5,840,000
Net investment loss (5,920,000) (6,223,000) (5,840,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized gain on Bullion transferred to pay expenses 520,000 547,000 1,089,000
Realized gain on Bullion distributed for the redemption of Shares 10,488,000 2,679,000 14,779,000
Change in unrealized gain / (loss) on investment in Bullion 22,446,000 (23,753,000) (109,394,000)
Change in unrealized (loss) on unsettled creations or redemptions (28,000)
Total gain / (loss) on investment in Bullion 33,454,000 (20,527,000) (93,554,000)
Change in net assets from operations $ 27,534,000 $ (26,750,000) $ (99,394,000)
Net increase / (decrease) in net assets per Share $ 2.49 $ (2.28) $ (9.61)
Weighted average number of Shares 11,065,068 11,747,260 10,340,548