Schedules of Investments (Unaudited)

6 Months Ended

Jun. 30, 2020

Notes to Financial Statements

Investment Holdings, Schedule of Investments [Text Block]

Schedules of Investments (Unaudited)

At June 30, 2020 and December 31, 2019

June 30, 2020

Description	Ounces		Cost		Fair Value
Gold bullion		14,658,518	$	20,470,354,346	$	25,917,726,586
Total Investments — 100.02%						25,917,726,586
Less Liabilities — (0.02)%						(5,101,796	)
Net Assets — 100.00%					$	25,912,624,790

December 31, 2019

Description	Ounces		Cost		Fair Value
Gold bullion		11,577,252	$	15,094,673,874	$	17,632,155,037
Total Investments — 100.02%						17,632,155,037
Less Liabilities — (0.02)%						(3,629,955	)
Net Assets — 100.00%					$	17,628,525,082

See notes to financial statements.