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Statements of Changes in Net Assets (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Statement of Financial Position [Abstract]        
Opening balance $ 1,326,312 $ 941,864 $ 1,039,953 $ 958,831
Opening balance (in shares) 10,275,000 9,900,000 9,500,000 10,450,000
Net investment loss $ (2,034) $ (1,499) $ (3,795) $ (2,875)
Realized gain on investment in Bullion 15,087 8,325 15,561 12,533
Change in unrealized gain on investment in Bullion 75,080 73,798 268,376 102,522
Creations $ 62,737 $ 4,997 $ 157,087 $ 4,997
Creations (in shares) 475,000 50,000 1,250,000 50,000
Redemptions $ (41,928) $ (36,318) $ (41,928) $ (84,841)
Redemptions (in shares) (325,000) (350,000) (325,000) (900,000)
Closing balance $ 1,435,254 $ 991,167 $ 1,435,254 $ 991,167
Closing balance (in shares) 10,425,000 9,600,000 10,425,000 9,600,000