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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Expenses      
Sponsor’s fees $ 35,318,380 $ 27,533,111 $ 21,630,631
Total expenses 35,318,380 27,533,111 21,630,631
Net investment loss (35,318,380) (27,533,111) (21,630,631)
Net Realized and Unrealized Gain (Loss)      
Gold bullion sold to pay expenses 2,902,791 409,457 445,799
Gold bullion distributed for the redemption of Shares 62,885,343 23,081,969 21,770,115
Net realized gain 65,788,134 23,491,426 22,215,914
Net change in unrealized appreciation/depreciation 2,245,532,373 (194,080,795) 881,278,079
Net realized and unrealized gain (loss) 2,311,320,507 (170,589,369) 903,493,993
Net increase (decrease) in net assets resulting from operations $ 2,276,002,127 $ (198,122,480) $ 881,863,362
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ 2.15 $ (0.22) $ 1.23
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the year.