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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities      
Proceeds from gold bullion sold to pay expenses $ 34,028,445 $ 27,290,381 $ 21,077,170
Expenses – Sponsor's fees paid (34,028,445) (27,290,381) (21,077,170)
Net cash provided by (used in) 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 2,276,002,127 (198,122,480) 881,863,362
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 34,028,445 27,290,381 21,077,170
Net realized (gain) loss (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)
Change in operating assets and liabilities:      
Sponsor’s fees payable 1,289,935 242,730 553,461
Net cash provided by (used in) operating activities 0 0 0
Supplemental disclosure of non-cash information:      
Gold bullion contributed for Shares issued 5,226,042,788 3,078,649,161 2,782,113,163
Gold bullion distributed for Shares redeemed $ (1,418,257,979) $ (1,483,295,672) $ (826,600,408)