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Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Cash Flows from Operating Activities      
Proceeds from gold bullion sold to pay expenses $ 6,537,373 $ 4,677,360  
Expenses – Sponsor’s fees paid (6,537,373) (4,677,360)  
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 (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 201,208,206 543,778,629 881,863,362
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 6,537,373 4,677,360  
Net realized (gain) loss (2,561,066) (2,018,251) (22,215,914)
Net change in unrealized appreciation/depreciation (205,503,998) (546,559,551) $ (881,278,079)
Change in operating assets and liabilities:      
Sponsor’s fees payable 319,485 121,813  
Net cash provided by operating activities 0 0  
Supplemental disclosure of non-cash information:      
Gold bullion contributed for Shares issued 1,237,667,439 431,456,784  
Gold bullion distributed for Shares redeemed $ (37,957,322) $ (288,297,575)