Note 2 - Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2021

Notes Tables

Activity in Gold Bullion [Table Text Block]

Three Months Ended June 30, 2021	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		16,202,345		$	24,106,918,759		$	27,398,975,237		$	—
Gold bullion contributed		330,473			614,040,347			614,040,347			—
Gold bullion distributed		(291,980	)		(434,459,047	)		(514,385,668	)		79,926,621
Gold bullion sold to pay expenses		(9,980	)		(14,867,311	)		(18,028,234	)		3,160,923
Net realized gain		—			—			83,087,544			—
Net change in unrealized appreciation/depreciation		—			—			1,053,747,875			—
Ending balance		16,230,858		$	24,271,632,748		$	28,617,437,101		$	83,087,544

Three Months Ended June 30, 2020	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		12,571,766		$	16,858,848,412		$	20,227,343,435		$	—
Gold bullion contributed		2,271,113			3,865,881,490			3,865,881,490			—
Gold bullion distributed		(176,145	)		(243,162,746	)		(299,101,991	)		55,939,245
Gold bullion sold to pay expenses		(8,216	)		(11,212,810	)		(13,693,813	)		2,481,003
Net realized gain		—			—			58,420,248			—
Net change in unrealized appreciation/depreciation		—			—			2,078,877,217			—
Ending balance		14,658,518		$	20,470,354,346		$	25,917,726,586		$	58,420,248

Six Months Ended June 30, 2021	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		16,881,652		$	25,014,142,586		$	31,924,891,396		$	—
Gold bullion contributed		620,692			1,147,897,249			1,147,897,249			—
Gold bullion distributed		(1,251,119	)		(1,860,113,808	)		(2,194,412,656	)		334,298,848
Gold bullion sold to pay expenses		(20,367	)		(30,293,279	)		(37,218,922	)		6,925,643
Net realized gain		—			—			341,224,491			—
Net change in unrealized appreciation/depreciation		—			—			(2,564,944,457	)		—
Ending balance		16,230,858		$	24,271,632,748		$	28,617,437,101		$	341,224,491

Six Months Ended June 30, 2020	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		11,577,252		$	15,094,673,874		$	17,632,155,037		$	—
Gold bullion contributed		3,908,619			6,481,090,794			6,481,090,794			—
Gold bullion distributed		(811,936	)		(1,084,725,741	)		(1,290,498,278	)		205,772,537
Gold bullion sold to pay expenses		(15,417	)		(20,684,581	)		(24,978,774	)		4,294,193
Net realized gain		—			—			210,066,730			—
Net change in unrealized appreciation/depreciation		—			—			2,909,891,077			—
Ending balance		14,658,518		$	20,470,354,346		$	25,917,726,586		$	210,066,730