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Note 10 - Subsequent Events
12 Months Ended
Dec. 31, 2014
Subsequent Events [Abstract]  
Subsequent Events [Text Block]


10 - Subsequent Events 
 


In connection with the preparation of the financial statements of the Trust as of and for the period ended December 31, 2014, management has evaluated the impact of all subsequent events on the Trust through the date the financial statements were issued and has determined that there were no subsequent events requiring adjustment or disclosure in the financial statements, except as set forth below.

The Sponsor expects to determine that following the publicly announced discontinuation of the London PM Fix on March 19, 2015, the price of gold fixed by ICE Benchmark Administration in the afternoon (London Time) as of any day (the “LBMA Gold Price”) will fairly represent the commercial value of the Trust's gold on such day and shall be used in the daily valuation of the Trust's gold.