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Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:          
Proceeds from sales of gold     $ 13,384 $ 11,824  
Expenses - Sponsor's fees paid     (13,384) (11,824)  
Net cash provided by operating activities            
Increase (decrease) in cash            
Cash, beginning of period             
Cash, end of period               
RECONCILIATION OF NET INCOME (LOSS) TO NET CASH PROVIDED BY OPERATING ACTIVITIES:          
Net income (loss) (845,267) 71,611 (700,273) 88,603 136,332
Adjustments to reconcile net income (loss) to net cash provided by operating activities:          
Gain on gold distributed for the redemption of Shares (54,319) (75,866) (204,961) (97,214)  
Cost of gold sold to pay expenses 5,627 4,447 11,446 8,662  
Decrease in Sponsor's fees payable     (840) (51)  
Market value reserve (Note 2B)     894,628    
Net cash provided by operating activities            
Supplemental disclosure of non-cash information:          
Carrying value of gold received for creation of Shares     672,521 998,830  
Carrying value of gold distributed for redemption of Shares, at average cost     $ (2,220,107) $ (333,325)