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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Expenses      
Sponsor’s fees $ 27,533,111 $ 21,630,631 $ 20,312,154
Total expenses 27,533,111 21,630,631 20,312,154
Net investment loss (27,533,111) (21,630,631) (20,312,154)
Net Realized and Unrealized Gain (Loss)      
Gold bullion sold to pay expenses 409,457 445,799 632,155
Gold bullion distributed for the redemption of Shares 23,081,969 21,770,115 24,436,649
Net realized gain 23,491,426 22,215,914 25,068,804
Net change in unrealized appreciation/depreciation (194,080,795) 881,278,079 303,987,270
Net realized and unrealized gain (loss) (170,589,369) 903,493,993 329,056,074
Net increase (decrease) in net assets resulting from operations $ (198,122,480) $ 881,863,362 $ 308,743,920
Net increase (decrease) in net assets per Share(a) (in dollars per share) [1] $ (0.22) $ 1.23 $ 0.46
[1] Net incease (decrease) in net assets per Share based on average shares outstanding during the period.