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Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Expenses        
Sponsor fee $ (286,215) $ (280,783) $ (505,056) $ (554,919)
Total expenses (286,215) (280,783) (505,056) (554,919)
Net investment loss (286,215) (280,783) (505,056) (554,919)
Net realized and unrealized gain (loss)        
Net realized gain (loss) on gold bullion distributed for redemptions 944,589 15,591,091 819,527 24,223,156
Net realized gain (loss) on gold sold to pay expenses (4,294) (13,257) (15,157) (35,267)
Net realized gain 940,295 15,577,834 804,370 24,187,889
Net change in unrealized appreciation (depreciation) on investment in gold (25,235,634) (58,940,816) 11,924,711 (25,708,326)
Net realized and unrealized gain (loss) from operations (24,295,339) (43,362,982) 12,729,081 (1,520,437)
Net Income (Loss) $ (24,581,554) $ (43,643,765) $ 12,224,025 $ (2,075,356)
Net income (loss) per share $ (0.76) $ (1.3) $ 0.41 $ (0.06)
Average number of shares (in Shares) 32,491,758 33,508,791 29,467,182 33,260,221