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Note 2 - Significant Accounting Policies - Activity in Gold Bullion (Details)
3 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
oz
Jun. 30, 2019
USD ($)
oz
Mar. 31, 2019
USD ($)
oz
Sep. 30, 2018
USD ($)
oz
Jun. 30, 2018
USD ($)
oz
Mar. 31, 2018
USD ($)
oz
Sep. 30, 2019
USD ($)
oz
Sep. 30, 2018
USD ($)
oz
Beginning balance (Ounce) | oz 9,474,090   9,009,541 8,637,702   7,828,465 9,009,541 7,828,465
Gold bullion contributed (Ounce) | oz 1,625,180     269,920     2,990,628 1,889,512
Gold bullion distributed (Ounce) | oz (81,313)     (298,773)     (970,668) (1,098,473)
Gold bullion sold to pay expenses (Ounce) | oz (5,970)     (5,523)     (17,514) (16,178)
Ending balance (Ounce) | oz 11,011,987 9,474,090   8,603,326 8,637,702   11,011,987 8,603,326
Beginning balance, average cost $ 11,930,367,963   $ 11,255,129,376 $ 10,806,316,895   $ 9,663,574,842 $ 11,255,129,376 $ 9,663,574,842
Gold bullion contributed, average cost 2,411,110,878     326,017,394     4,215,794,689 2,482,260,820
Gold bullion distributed, average cost (103,411,024)     (373,766,620)     (1,218,395,838) (1,374,005,462)
Gold bullion sold to pay expenses, average cost (7,578,716)     (6,907,415)     (22,039,126) (20,169,946)
Ending balance, average cost 14,230,489,101 $ 11,930,367,963   10,751,660,254 $ 10,806,316,895   14,230,489,101 10,751,660,254
Beginning balance, fair value 13,348,992,576   11,547,078,166 [1] 10,801,014,832   10,149,604,427 11,547,078,166 [1] 10,149,604,427
Gold bullion contributed, fair value 2,411,110,878     326,017,394     4,215,794,689 2,482,260,820
Gold bullion distributed, fair value (120,691,118)     (369,770,728)     (1,263,373,084) (1,400,676,047)
Gold bullion sold to pay expenses, fair value (8,641,399)     (6,734,887)     (23,662,396) (20,752,224)
Net realized gain (loss), fair value 18,342,777 22,410,307 5,847,432 (4,168,420) 28,860,217 2,561,066 46,600,516 27,252,863
Net change in unrealized appreciation/depreciation, fair value 706,990,277 1,012,499,328 114,176,495 (532,059,056) (696,835,646) 205,503,998 1,833,666,100 (1,023,390,704)
Ending balance, fair value 16,356,103,991 [1] 13,348,992,576   10,214,299,135 10,801,014,832   16,356,103,991 [1] 10,214,299,135
Gold bullion distributed, realized gain (loss) 17,280,094     (3,995,892)     44,977,246 26,670,585
Gold bullion sold to pay expenses, realized gain (loss) 1,062,683     (172,528)     1,623,270 582,278
Ending balance, realized gain (loss) $ 18,342,777 $ 22,410,307 $ 5,847,432 $ (4,168,420) $ 28,860,217 $ 2,561,066 $ 46,600,516 $ 27,252,863
[1] Cost of investment in gold bullion: $14,230,489,101 and $11,255,129,376, respectively.