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Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Cash Flows from Operating Activities      
Proceeds from gold bullion sold to pay expenses $ 4,677,360 $ 3,695,797  
Expenses – Sponsor’s fees paid (4,677,360) (3,695,797)  
Net cash provided by operating activities 0 0  
Increase (decrease) in cash 0 0  
Cash, beginning of period 0 0 $ 0
Cash, end of period 0 0 0
Reconciliation of Net Increase in Net Assets Resulting from Operations to Net Cash Provided by (Used in) Operating Activities      
Net increase in net assets resulting from operations 543,778,629 937,920,385 308,743,920
Adjustments to reconcile net increase in net assets resulting from operations to net cash provided by (used in) operating activities:      
Proceeds from gold bullion sold to pay expenses 4,677,360 3,695,797  
Net realized (gain) loss (2,018,251) (7,006,976) (25,068,804)
Net change in unrealized appreciation/depreciation (546,559,551) (935,095,915) $ (303,987,270)
Change in operating assets and liabilities:      
Sponsor’s fees payable 121,813 486,709  
Net cash provided by operating activities 0 0  
Supplemental disclosure of non-cash information:      
Gold bullion contributed for Shares issued 431,456,784 1,593,830,000  
Gold bullion distributed for Shares redeemed $ (288,297,575) $ (332,909,854)