Note 2 - Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

Activity in Gold Bullion [Table Text Block]

Three Months Ended March 31, 2020	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		11,577,252		$	15,094,673,874		$	17,632,155,037		$	—
Gold bullion contributed		1,637,506			2,615,209,304			2,615,209,304			—
Gold bullion distributed		(635,791	)		(841,562,995	)		(991,396,287	)		149,833,292
Gold bullion sold to pay expenses		(7,201	)		(9,471,771	)		(11,284,961	)		1,813,190
Net realized gain		—			—			151,646,482			—
Net change in unrealized appreciation/depreciation		—			—			831,013,860			—
Ending balance		12,571,766		$	16,858,848,412		$	20,227,343,435		$	151,646,482

Three Months Ended March 31, 2019	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		9,009,541		$	11,255,129,376		$	11,547,078,166		$	—
Gold bullion contributed		818,971			1,064,902,289			1,064,902,289			—
Gold bullion distributed		(127,849	)		(160,163,947	)		(165,713,340	)		5,549,393
Gold bullion sold to pay expenses		(5,584	)		(6,987,537	)		(7,285,576	)		298,039
Net realized gain		—			—			5,847,432			—
Net change in unrealized appreciation/depreciation		—			—			114,176,495			—
Ending balance		9,695,079		$	12,152,880,181		$	12,559,005,466		$	5,847,432