Note 2 - Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2018

Notes Tables

Activity in Gold Bullion [Table Text Block]

Three Months Ended June 30, 2018	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		8,725,190		$	10,859,308,652		$	11,550,842,235		$	—
Gold bullion contributed		689,115			918,575,987			918,575,987			—
Gold bullion distributed		(770,898	)		(964,441,439	)		(992,947,997	)		28,506,558
Gold bullion sold to pay expenses		(5,705	)		(7,126,305	)		(7,479,964	)		353,659
Net realized gain		—			—			28,860,217			—
Net change in unrealized appreciation/depreciation		—			—			(696,835,646	)		—
Ending balance		8,637,702		$	10,806,316,895		$	10,801,014,832		$	28,860,217

Three Months Ended June 30, 2017	Ounces			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

Six Months Ended June 30, 2018	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		7,828,465		$	9,663,574,842		$	10,149,604,427		$	—
Gold bullion contributed		1,619,592			2,156,243,426			2,156,243,426			—
Gold bullion distributed		(799,700	)		(1,000,238,842	)		(1,030,905,319	)		30,666,477
Gold bullion sold to pay expenses		(10,655	)		(13,262,531	)		(14,017,337	)		754,806
Net realized gain		—			—			31,421,283			—
Net change in unrealized appreciation/depreciation		—			—			(491,331,648	)		—
Ending balance		8,637,702		$	10,806,316,895		$	10,801,014,832		$	31,421,283

Six Months Ended June 30, 2017	Ounces			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