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Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities    
Proceeds from gold bullion sold to pay expenses $ 11,284,961 $ 7,285,576
Expenses – Sponsor's fees paid (11,284,961) (7,285,576)
Net cash provided by (used in) operating activities 0 0
Increase (decrease) in cash 0 0
Cash, beginning of period 0 0
Cash, end of period 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 970,842,173 112,404,575
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 11,284,961 7,285,576
Net realized (gain) loss (151,646,482) (5,847,432)
Net change in unrealized appreciation/depreciation (831,013,860) (114,176,495)
Change in operating assets and liabilities:    
Sponsor’s fees payable 533,208 333,776
Net cash provided by (used in) operating activities 0 0
Supplemental disclosure of non-cash information:    
Gold bullion contributed for Shares issued 2,615,209,304 1,064,902,289
Gold bullion distributed for Shares redeemed $ (991,396,287) $ (165,713,340)