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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Expenses        
Sponsor’s fees $ 5,574,503 $ 5,953,865 $ 15,513,955 $ 15,028,608
Total expenses 5,574,503 5,953,865 15,513,955 15,028,608
Net investment loss (5,574,503) (5,953,865) (15,513,955) (15,028,608)
Net Realized and Unrealized Gain (Loss)        
Gold bullion sold to pay expenses 204,104 494,979 246,676 484,072
Gold bullion distributed for the redemption of Shares 14,453,668 6,657,663 18,998,291 16,154,966
Net realized gain 14,657,772 7,152,642 19,244,967 16,639,038
Net change in unrealized appreciation/depreciation 258,137,498 (7,738,711) 776,911,354 1,440,006,049
Net realized and unrealized gain (loss) 272,795,270 (586,069) 796,156,321 1,456,645,087
Net increase in net assets resulting from operations $ 267,220,767 $ (6,539,934) $ 780,642,366 $ 1,441,616,479
Net increase (decrease) in net assets per Share (in dollars per share) $ 0.37 $ (0.01) $ 1.13 $ 2.18