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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Expenses        
Sponsor’s fees $ 9,387,230 $ 6,488,704 $ 24,627,987 $ 20,757,047
Total expenses 9,387,230 6,488,704 24,627,987 20,757,047
Net investment loss (9,387,230) (6,488,704) (24,627,987) (20,757,047)
Net Realized and Unrealized Gain (Loss)        
Gold bullion sold to pay expenses 1,062,683 (172,528) 1,623,270 582,278
Gold bullion distributed for the redemption of Shares 17,280,094 (3,995,892) 44,977,246 26,670,585
Net realized gain (loss) 18,342,777 (4,168,420) 46,600,516 27,252,863
Net change in unrealized appreciation/depreciation 706,990,277 (532,059,056) 1,833,666,100 (1,023,390,704)
Net realized and unrealized gain (loss) 725,333,054 (536,227,476) 1,880,266,616 (996,137,841)
Net increase (decrease) in net assets resulting from operations $ 715,945,824 $ (542,716,180) $ 1,855,638,629 $ (1,016,894,888)
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ 0.68 $ (0.61) $ 1.84 $ (1.13)
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.