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Note 2 - Significant Accounting Policies - Activity in Gold Bullion (Details)
12 Months Ended
Dec. 31, 2017
USD ($)
oz
Dec. 31, 2016
USD ($)
oz
Dec. 31, 2015
USD ($)
oz
Beginning balance (Ounce) | oz 6,308,062 4,905,568 5,182,164
Gold bullion contributed (Ounce) | oz 2,194,645 3,036,655 696,554
Gold bullion distributed (Ounce) | oz (657,409) (1,618,237) (959,873)
Gold bullion sold to pay expenses (Ounce) | oz (16,833) (15,924) (13,277)
Ending balance (Ounce) | oz 7,828,465 6,308,062 4,905,568
Beginning balance, average cost $ 7,706,923,343 $ 5,910,175,908 $ 6,254,868,124
Gold bullion contributed, average cost 2,782,113,163 3,784,339,342 830,130,993
Gold bullion distributed, average cost (804,830,293) (1,968,318,439) (1,158,780,335)
Gold bullion sold to pay expenses, average cost (20,631,371) (19,273,468) (16,042,874)
Ending balance, average cost 9,663,574,842 7,706,923,343 5,910,175,908
Beginning balance, fair value 7,311,674,849 [1] 5,210,940,144 6,214,710,412
Gold bullion contributed, fair value 2,782,113,163 3,784,339,342 830,130,993
Gold bullion distributed, fair value (826,600,408) (1,992,755,088) (1,071,599,347)
Gold bullion sold to pay expenses, fair value (21,077,170) (19,905,623) (15,431,681)
Net realized gain (loss), fair value 22,215,914 25,068,804 (87,792,181)
Net change in unrealized appreciation/depreciation, fair value 881,278,079 303,987,270 (659,078,052)
Ending balance, fair value 10,149,604,427 [1] 7,311,674,849 [1] 5,210,940,144
Gold bullion distributed, realized gain (loss) 21,770,115 24,436,649 (87,180,988)
Gold bullion sold to pay expenses, realized gain (loss) 445,799 632,155 (611,193)
Ending balance, realized gain (loss) $ 22,215,914 $ 25,068,804 $ (87,792,181)
[1] Cost of investment in gold bullion: $9,663,574,842 and $7,706,923,343, respectively.