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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Expenses      
Sponsor’s fees $ 72,773,331 $ 65,443,749 $ 35,318,380
Total expenses 72,773,331 65,443,749 35,318,380
Net investment loss (72,773,331) (65,443,749) (35,318,380)
Net Realized and Unrealized Gain (Loss)      
Gold bullion sold to pay expenses 12,824,248 12,881,172 2,902,791
Gold bullion distributed for the redemption of Shares 565,428,591 483,306,743 62,885,343
Net realized gain 578,252,839 496,187,915 65,788,134
Net change in unrealized appreciation/depreciation (1,904,612,983) 4,373,267,647 2,245,532,373
Net realized and unrealized gain (loss) (1,326,360,144) 4,869,455,562 2,311,320,507
Net increase (decrease) in net assets resulting from operations $ (1,399,133,475) $ 4,804,011,813 $ 2,276,002,127
Net increase (decrease) in net assets per Share (in dollars per share) [1],[2] $ (1.65) $ 6.24 $ 4.30
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the year.
[2] Reflects a one-for-two reverse stock split effective at market open on May 24, 2021.