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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
EXPENSES        
Sponsor’s Fee $ 2,415,371 $ 1,556,293 $ 6,210,566 $ 4,431,603
Total expenses 2,415,000 1,556,000 6,211,000 4,432,000
Net investment loss (2,415,000) (1,556,000) (6,211,000) (4,432,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on Bullion transferred to pay expenses 855,000 346,000 2,009,000 760,000
Realized gain on Bullion distributed for the redemption of Shares 4,156,000 14,407,000 16,276,000
Change in unrealized gain on investment in Bullion 283,601,000 90,075,000 551,977,000 192,597,000
Total gain on investment in Bullion 284,456,000 94,577,000 568,393,000 209,633,000
Change in net assets from operations $ 282,041,000 $ 93,021,000 $ 562,182,000 $ 205,201,000
Net increase / (decrease) in net assets per Share $ 26.40 $ 9.76 $ 54.79 $ 20.89
Weighted average number of Shares 10,683,424 9,528,804 10,259,799 9,824,818