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Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Cash Flows from Operating Activities          
Proceeds from gold bullion sold to pay expenses     $ 14,017,337 $ 9,760,059  
Expenses – Sponsor’s fees paid     (14,017,337) (9,760,059)  
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 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 (675,386,914) (30,357,030) (474,178,708) 513,421,599 881,863,362
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     14,017,337 9,760,059  
Net realized (gain) loss (28,860,217) (2,568,944) (31,421,283) (4,587,195) (22,215,914)
Net change in unrealized appreciation/depreciation $ 696,835,646 $ 27,785,695 491,331,648 (518,773,856) $ (881,278,079)
Change in operating assets and liabilities:          
Sponsor’s fees payable     251,006 179,393  
Net cash provided by operating activities     0 0  
Supplemental disclosure of non-cash information:          
Gold bullion contributed for Shares issued     2,156,243,426 999,543,283  
Gold bullion distributed for Shares redeemed     $ (1,030,905,319) $ (423,616,445)