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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Expenses        
Sponsor’s fees $ 222,268 $ 435,938 $ 457,180 $ 873,013
Sponsor’s fees waiver (49,405) (232,480) (101,613) (465,538)
Total expenses 172,863 203,458 355,567 407,475
Net investment loss (172,863) (203,458) (355,567) (407,475)
Net Realized and Unrealized Gain (Loss)        
Gold bullion sold to pay expenses 14,814 8,567 21,810 13,383
Gold bullion distributed for the redemption of Shares 9,029,427 7,090,732 23,605,837 10,704,230
Net realized gain 9,044,241 7,099,299 23,627,647 10,717,613
Net change in unrealized appreciation/depreciation (42,090,064) (86,409,036) 35,110,738 (8,852,426)
Net realized and unrealized gain (loss) (33,045,823) (79,309,737) 58,738,385 1,865,187
Net increase (decrease) in net assets resulting from operations $ (33,218,686) $ (79,513,195) $ 58,382,818 $ 1,457,712
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ (0.66) $ (1.29) $ 1.10 $ 0.02
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.