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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities      
Proceeds from gold bullion sold to pay expenses $ 27,290,381 $ 21,077,170 $ 19,905,623
Expenses – Sponsor’s fees paid (27,290,381) (21,077,170) (19,905,623)
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 (198,122,480) 881,863,362 308,743,920
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 27,290,381 21,077,170 19,905,623
Net realized (gain) loss (23,491,426) (22,215,914) (25,068,804)
Net change in unrealized appreciation/depreciation 194,080,795 (881,278,079) (303,987,270)
Change in operating assets and liabilities:      
Sponsor’s fees payable 242,730 553,461 406,531
Net cash provided by operating activities 0 0 0
Supplemental disclosure of non-cash information:      
Gold bullion contributed for Shares issued 3,078,649,161 2,782,113,163 3,784,339,342
Gold bullion distributed for Shares redeemed $ (1,483,295,672) $ (826,600,408) $ (1,992,755,088)