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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities      
Proceeds from gold bullion sold to pay expenses $ 62,451,444 $ 34,028,445 $ 27,290,381
Expenses – Sponsor's fees paid (62,451,444) (34,028,445) (27,290,381)
Net cash provided by operating activities 0 0 0
Increase (decrease) in cash 0 0 0
Cash, beginning of year 0 0 0
Cash, end of year 0 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 4,804,011,813 2,276,002,127 (198,122,480)
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 62,451,444 34,028,445 27,290,381
Net realized (gain) loss (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
Change in operating assets and liabilities:      
Sponsor’s fees payable 2,992,305 1,289,935 242,730
Net cash provided by operating activities 0 0 0
Supplemental disclosure of non-cash information:      
Gold bullion contributed for Shares issued 12,103,493,289 5,226,042,788 3,078,649,161
Gold bullion distributed for Shares redeemed $ (2,617,761,048) $ (1,418,257,979) $ (1,483,295,672)