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Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2024
Accounting Policies [Abstract]  
The categorization of the Trust’s assets is as shown below:

The categorization of the Trust’s assets is as shown below:

 

(Amounts in 000’s of US$)  June 30, 2024   December 31, 2023 
Level 1          
Investment in Bullion  $991,657   $959,323 
Changes in ounces of Bullion and their respective values for the three and six months ended June 30, 2024 and 2023 are set out below:

Changes in ounces of Bullion and their respective values for the three and six months ended June 30, 2024 and 2023 are set out below:

 

                                       
   Three Months Ended June 30, 2024 
(Amounts in 000’s of US$, except for ounces data)        
Ounces of Bullion  Gold   Palladium   Platinum   Silver   Total 
Opening balance   274,058.6    54,811.7    36,541.2    10,048,817.3    10,414,228.8 
Creations   1,383.3    276.7    184.4    50,722.3    52,566.7 
Redemptions   (9,676.0)   (1,935.2)   (1,290.2)   (354,788.4)   (367,689.8)
Transfers of Bullion to pay expenses   (413.1)   (82.8)   (55.2)   (15,186.5)   (15,737.6)
Closing balance   265,352.8    53,070.4    35,380.2    9,729,564.7    10,083,368.1 
                          
Investment in Bullion                         
Opening balance  $606,862   $55,743   $33,143   $246,598   $942,346 
Creations   3,173    283    172    1,369    4,997 
Redemptions   (22,719)   (1,863)   (1,292)   (10,444)   (36,318)
Realized gain / (loss) on Bullion distributed for the redemption of Shares   6,926    (1,570)   (38)   2,726    8,044 
Transfers of Bullion to pay expenses   (958)   (75)   (51)   (407)   (1,491)
Realized gain / (loss) on Bullion transferred to pay expenses   283    (72)   (6)   76    281 
Change in unrealized gain / (loss) on investment in Bullion   24,944    (862)   3,877    45,839    73,798 
Closing balance  $618,511   $51,584   $35,805   $285,757   $991,657 

 

 

                                       
(Amounts in 000’s of US$, except for ounces data)  Three Months Ended June 30, 2023 
Ounces of Bullion  Gold   Palladium   Platinum   Silver   Total 
Opening balance   306,353.3    61,270.7    40,847.1    11,232,955.4    11,641,426.5 
Creations   15,301.4    3,060.3    2,040.2    561,051.7    581,453.6 
Redemptions   (4,169.9)   (834.1)   (555.9)   (152,898.0)   (158,457.9)
Transfers of Bullion to pay expenses   (473.7)   (94.7)   (63.2)   (17,367.6)   (17,999.2)
Closing balance   317,011.1    63,402.2    42,268.2    11,623,741.5    12,046,423.0 
                          
Investment in Bullion                         
Opening balance  $606,488   $91,293   $40,071   $268,299   $1,006,151 
Creations   30,410    4,523    2,115    13,589    50,637 
Redemptions   (8,088)   (1,103)   (535)   (3,618)   (13,344)
Realized gain / (loss) on Bullion distributed for the redemption of Shares   1,321    (392)   (39)   297    1,187 
Transfers of Bullion to pay expenses   (931)   (134)   (64)   (417)   (1,546)
Realized gain / (loss) on Bullion transferred to pay expenses   169    (37)   (3)   41    170 
Change in unrealized loss on investment in Bullion   (23,164)   (14,644)   (3,630)   (17,006)   (58,444)
Closing balance  $606,205   $79,506   $37,915   $261,185   $984,811 

 

                                       
   Six Months Ended June 30, 2024 
(Amounts in 000’s of US$, except for ounces data)        
Ounces of Bullion  Gold   Palladium   Platinum   Silver   Total 
Opening balance   289,717.8    57,943.6    38,629.0    10,622,986.0    11,009,276.4 
Creations   1,383.3    276.7    184.4    50,722.3    52,566.7 
Redemptions   (24,905.4)   (4,981.1)   (3,320.7)   (913,197.6)   (946,404.8)
Transfers of Bullion to pay expenses   (842.9)   (168.8)   (112.5)   (30,946.0)   (32,070.2)
Closing balance   265,352.8    53,070.4    35,380.2    9,729,564.7    10,083,368.1 
                          
Investment in Bullion                         
Opening balance  $602,149   $65,824   $38,629   $252,721   $959,323 
Creations   3,173    283    172    1,369    4,997 
Redemptions   (53,742)   (4,780)   (3,111)   (23,208)   (84,841)
Realized gain / (loss) on Bullion distributed for the redemption of Shares   13,144    (4,068)   (314)   3,357    12,119 
Transfers of Bullion to pay expenses   (1,839)   (164)   (104)   (770)   (2,877)
Realized gain / (loss) on Bullion transferred to pay expenses   465    (137)   (11)   97    414 
Change in unrealized gain / (loss) on investment in Bullion   55,161    (5,374)   544    52,191    102,522 
Closing balance  $618,511   $51,584   $35,805   $285,757   $991,657 

 

 

                                       
(Amounts in 000’s of US$, except for ounces data)  Six Months Ended June 30, 2023 
Ounces of Bullion  Gold   Palladium   Platinum   Silver   Total 
Opening balance   315,173.6    63,034.7    42,023.2    11,556,366.8    11,976,598.3 
Creations   16,695.3    3,339.1    2,226.1    612,160.8    634,421.3 
Redemptions   (13,916.3)   (2,783.3)   (1,855.5)   (510,265.8)   (528,820.9)
Transfers of Bullion to pay expenses   (941.5)   (188.3)   (125.6)   (34,520.3)   (35,775.7)
Closing balance   317,011.1    63,402.2    42,268.2    11,623,741.5    12,046,423.0 
                          
Investment in Bullion                         
Opening balance  $571,646   $111,887   $43,326   $276,717   $1,003,576 
Creations   32,938    5,018    2,306    14,813    55,075 
Redemptions   (26,860)   (3,972)   (1,809)   (11,530)   (44,171)
Realized gain / (loss) on Bullion distributed for the redemption of Shares   4,458    (1,049)   (109)   492    3,792 
Transfers of Bullion to pay expenses   (1,809)   (291)   (128)   (805)   (3,033)
Realized gain / (loss) on Bullion transferred to pay expenses   296    (50)   (3)   59    302 
Change in unrealized gain / (loss) on investment in Bullion   25,536    (32,037)   (5,668)   (18,561)   (30,730)
Closing balance  $606,205   $79,506   $37,915   $261,185   $984,811