Note 2 - Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Schedule of Stockholders Equity [Table Text Block]

	Balance at December 31, 2013		ASU 2013-08 Transition Adjustment			Balance at January 1, 2014
Redeemable capital Shares	$	6,271,029	$	(6,271,029	)	$	—
Shareholders’ equity		—		6,271,029			6,271,029

Activity in Gold Buillion [Table Text Block]

	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,311.4		$	6,397,523		$	6,860,967		$	—
Gold bullion contributed		73.6			95,742			95,742			—
Gold bullion distributed		(84.3	)		(101,571	)		(106,925	)		5,354
Gold bullion sold		(3.4	)		(4,142	)		(4,364	)		222
Net realized gain on gold bullion		—			—			5,576			—
Net change in unrealized appreciation/depreciation on investment in gold bullion		—			—			114,888			—
Ending balance		5,297.3		$	6,387,552		$	6,965,884		$	5,576

	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,220.5		$	6,272,422		$	6,272,422		$	—
Gold bullion contributed		228.8			298,177			298,177			—
Gold bullion distributed		(145.4	)		(175,072	)		(184,254	)		9,182
Gold bullion sold		(6.6	)		(7,975	)		(8,431	)		456
Net realized gain on gold bullion		—			—			9,638			—
Net change in unrealized appreciation/depreciation on investment in gold bullion		—			—			578,332			—
Ending balance		5,297.3		$	6,387,552		$	6,965,884		$	9,638

	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		6,821.0		$	9,190,784		$	10,901,704		$	—
Gold contributed		—			—			—			—
Gold distributed		(1,060.7	)		(1,429,134	)		(1,483,453	)		54,319
Gold sold		(4.1	)		(5,627	)		(6,195	)		568
Adjustment to gold bullion inventory(a)		—			(894,628	)		—			—
Adjustment for realized gain		—			—			54,887			—
Adjustment for unrealized loss on gold bullion		—			—			(2,605,548	)		—
Ending balance		5,756.2		$	6,861,395		$	6,861,395		$	54,887

	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		6,999.9		$	9,315,055		$	11,647,783		$	—
Gold contributed		415.6			672,521			672,521			—
Gold distributed		(1,650.8	)		(2,220,107	)		(2,425,068	)		204,961
Gold sold		(8.5	)		(11,446	)		(13,384	)		1,938
Adjustment to gold bullion inventory(a)		—			(894,628	)		—			—
Adjustment for realized gain		—			—			206,899			—
Adjustment for unrealized loss on gold bullion		—			—			(3,227,356	)		—
Ending balance		5,756.2		$	6,861,395		$	6,861,395		$	206,899

Schedule of Capital Units [Table Text Block]

	Six Months Ended June 30, 2014
	Shares			Amount
Shares issued		23,600		$	298,177
Shares redeemed		(15,000	)		(184,254	)
Net increase (decrease)		8,600		$	113,923

Temporary Equity [Table Text Block]

	Year Ended December 31, 2013
	Shares			Amount
Beginning balance		719,550		$	11,645,298
Shares issued		63,250			928,370
Shares redeemed		(244,800	)		(3,341,845	)
Redemption value adjustment		—			(2,960,794	)
Ending balance		538,000		$	6,271,029