Note 2 - Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2017

Notes Tables

Activity in Gold Bullion [Table Text Block]

Three Months Ended June 30, 2017	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		6,425,460		$	7,847,423,443		$	7,998,734,500		$	—
Gold bullion contributed		450,189			568,086,499			568,086,499			—
Gold bullion distributed		(108,710	)		(132,886,400	)		(135,318,870	)		2,432,470
Gold bullion sold to pay expenses		(4,047	)		(4,946,225	)		(5,082,699	)		136,474
Net realized gain		—			—			2,568,944			—
Net change in unrealized appreciation/depreciation		—			—			(27,785,695	)		—
Ending balance		6,762,892		$	8,277,677,317		$	8,401,202,679		$	2,568,944

Three Months Ended June 30, 2016	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,990,515		$	7,174,407,233		$	7,410,267,384		$	—
Gold bullion contributed		820,637			1,058,872,811			1,058,872,811			—
Gold bullion distributed		(114,276	)		(137,359,506	)		(139,691,971	)		2,332,465
Gold bullion sold to pay expenses		(3,912	)		(4,697,404	)		(4,844,359	)		146,955
Net realized gain		—			—			2,479,420			—
Net change in unrealized appreciation/depreciation		—			—			512,648,845			—
Ending balance		6,692,964		$	8,091,223,134		$	8,839,732,130		$	2,479,420

Six Months Ended June 30, 2017	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		6,308,062		$	7,706,923,343		$	7,311,674,849		$	—
Gold bullion contributed		805,861			999,543,283			999,543,283			—
Gold bullion distributed		(343,077	)		(419,071,822	)		(423,616,445	)		4,544,623
Gold bullion sold to pay expenses		(7,954	)		(9,717,487	)		(9,760,059	)		42,572
Net realized gain		—			—			4,587,195			—
Net change in unrealized appreciation/depreciation		—			—			518,773,856			—
Ending balance		6,762,892		$	8,277,677,317		$	8,401,202,679		$	4,587,195

Six Months Ended June 30, 2016	Ounces			Average Cost			Fair Value			Realized Gain (Loss)
Beginning balance		4,905,568		$	5,910,175,908		$	5,210,940,144		$	—
Gold bullion contributed		2,180,850			2,652,702,811			2,652,702,811			—
Gold bullion distributed		(386,328	)		(463,104,522	)		(472,601,825	)		9,497,303
Gold bullion sold to pay expenses		(7,126	)		(8,551,063	)		(8,540,156	)		(10,907	)
Net realized gain		—			—			9,486,396			—
Net change in unrealized appreciation/depreciation		—			—			1,447,744,760			—
Ending balance		6,692,964		$	8,091,223,134		$	8,839,732,130		$	9,486,396