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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Expenses        
Sponsor's fees $ 19,078,049 $ 9,387,230 $ 45,528,664 $ 24,627,987
Total expenses 19,078,049 9,387,230 45,528,664 24,627,987
Net investment loss (19,078,049) (9,387,230) (45,528,664) (24,627,987)
Net Realized and Unrealized Gain (Loss)        
Gold bullion sold to pay expenses 4,403,639 1,062,683 8,697,832 1,623,270
Gold bullion distributed for the redemption of Shares 73,471,118 17,280,094 279,243,655 44,977,246
Net realized gain 77,874,757 18,342,777 287,941,487 46,600,516
Net change in unrealized appreciation/depreciation 1,620,716,613 706,990,277 4,530,607,690 1,833,666,100
Net realized and unrealized gain 1,698,591,370 725,333,054 4,818,549,177 1,880,266,616
Net increase in net assets resulting from operations $ 1,679,513,321 $ 715,945,824 $ 4,773,020,513 $ 1,855,638,629
Net increase in net assets per Share (in dollars per share) [1] $ 1.00 $ 0.68 $ 3.27 $ 1.84
[1] Net increase in net assets per Share based on average shares outstanding during the period.