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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash Flows from Operating Activities      
Proceeds from gold bullion sold to pay expenses $ 21,077,170 $ 19,905,623 $ 15,431,681
Expenses – Sponsor’s fees paid (21,077,170) (19,905,623) (15,431,681)
Net cash provided by operating activities 0 0 0
Increase (decrease) in cash 0 0 0
Cash, beginning of year 0 0 0
Cash, end of year 0 0 0
Reconciliation of Net Increase (Decrease) in Net Assets Resulting from Operations to Net Cash Provided by (Used in) Operating Activities      
Net increase (decrease) in net assets resulting from operations 881,863,362 308,743,920 (762,115,999)
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:      
Proceeds from gold bullion sold to pay expenses 21,077,170 19,905,623 15,431,681
Net realized (gain) loss (22,215,914) (25,068,804) 87,792,181
Net change in unrealized appreciation/depreciation (881,278,079) (303,987,270) 659,078,052
Change in operating assets and liabilities:      
Sponsor’s fees payable 553,461 406,531 (185,915)
Net cash provided by operating activities 0 0 0
Supplemental disclosure of non-cash information:      
Gold bullion contributed for Shares issued 2,782,113,163 3,784,339,342 830,130,993
Gold bullion distributed for Shares redeemed $ (826,600,408) $ (1,992,755,088) $ (1,071,599,347)