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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Expenses      
Sponsor’s fees $ 65,443,749 $ 35,318,380 $ 27,533,111
Total expenses 65,443,749 35,318,380 27,533,111
Net investment loss (65,443,749) (35,318,380) (27,533,111)
Net Realized and Unrealized Gain (Loss)      
Gold bullion sold to pay expenses 12,881,172 2,902,791 409,457
Gold bullion distributed for the redemption of Shares 483,306,743 62,885,343 23,081,969
Net realized gain 496,187,915 65,788,134 23,491,426
Net change in unrealized appreciation/depreciation 4,373,267,647 2,245,532,373 (194,080,795)
Net realized and unrealized gain (loss) 4,869,455,562 2,311,320,507 (170,589,369)
Net increase (decrease) in net assets resulting from operations $ 4,804,011,813 $ 2,276,002,127 $ (198,122,480)
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ 3.12 $ 2.15 $ (0.22)
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the year.