Note 2 - Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 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		5,297.3		$	6,387,552		$	6,965,884		$	—
Gold bullion contributed		69.8			91,225			91,225			—
Gold bullion distributed		(141.4	)		(170,668	)		(176,498	)		5,830
Gold bullion sold		(3.4	)		(4,028	)		(4,321	)		293
Net realized gain on gold bullion		—			—			6,123			—
Net change in unrealized appreciation/depreciation on investment in gold bullion		—			—			(529,525	)		—
Ending balance		5,222.3		$	6,304,081		$	6,352,888		$	6,123

	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,220.5		$	6,272,422		$	6,272,422		$	—
Gold bullion contributed		298.6			389,402			389,402			—
Gold bullion distributed		(286.8	)		(345,740	)		(360,752	)		15,012
Gold bullion sold		(10.0	)		(12,003	)		(12,752	)		749
Net realized gain on gold bullion		—			—			15,761			—
Net change in unrealized appreciation/depreciation on investment in gold bullion		—			—			48,807			—
Ending balance		5,222.3		$	6,304,081		$	6,352,888		$	15,761

	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,756.2		$	6,861,395		$	6,861,395		$	—
Gold contributed		135.9			175,446			175,446			—
Gold distributed		(176.7	)		(237,938	)		(227,490	)		(10,448	)
Gold sold		(3.7	)		(4,958	)		(4,846	)		(112	)
Adjustment to gold bullion inventory(a)		—			782,673			—			—
Adjustment for realized loss		—			—			(10,560	)		—
Adjustment for unrealized gain on gold bullion		—			—			782,673			—
Ending balance		5,711.7		$	7,576,618		$	7,576,618		$	(10,560	)

	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		6,999.9		$	9,315,055		$	11,647,783		$	—
Gold contributed		551.5			847,967			847,967			—
Gold distributed		(1,827.5	)		(2,458,045	)		(2,652,558	)		194,513
Gold sold		(12.2	)		(16,404	)		(18,230	)		1,826
Adjustment to gold bullion inventory(b)		—			(111,955	)		—			—
Adjustment for realized gain		—			—			196,339			—
Adjustment for unrealized loss on gold bullion		—			—			(2,444,683	)		—
Ending balance		5,711.7		$	7,576,618		$	7,576,618		$	196,339

Schedule of Capital Units [Table Text Block]

	Nine Months Ended September 30, 2014
	Shares			Amount
Shares issued		30,800		$	389,402
Shares redeemed		(29,600	)		(360,752	)
Net increase		1,200		$	28,650

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