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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Expenses        
Sponsor’s fees $ 14,632,446 $ 7,621,405 $ 26,450,615 $ 15,240,757
Total expenses 14,632,446 7,621,405 26,450,615 15,240,757
Net investment loss (14,632,446) (7,621,405) (26,450,615) (15,240,757)
Net Realized and Unrealized Gain (Loss)        
Gold bullion sold to pay expenses 2,481,003 262,548 4,294,193 560,587
Gold bullion distributed for the redemption of Shares 55,939,245 22,147,759 205,772,537 27,697,152
Net realized gain 58,420,248 22,410,307 210,066,730 28,257,739
Net change in unrealized appreciation/depreciation 2,078,877,217 1,012,499,328 2,909,891,077 1,126,675,823
Net realized and unrealized gain 2,137,297,465 1,034,909,635 3,119,957,807 1,154,933,562
Net increase in net assets resulting from operations $ 2,122,665,019 $ 1,027,288,230 $ 3,093,507,192 $ 1,139,692,805
Net increase in net assets per Share (in dollars per share) [1] $ 1.47 $ 1.05 $ 2.28 $ 1.16
[1] Net increase in net assets per Share based on average shares outstanding during the period.