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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Expenses        
Sponsor’s fees $ 19,449,872 $ 18,171,855 $ 37,956,883 $ 36,708,511
Total expenses 19,449,872 18,171,855 37,956,883 36,708,511
Net investment loss (19,449,872) (18,171,855) (37,956,883) (36,708,511)
Net Realized and Unrealized Gain (Loss)        
Gold bullion sold to pay expenses 3,706,730 3,160,923 6,923,156 6,925,643
Gold bullion distributed for the redemption of Shares 193,207,788 79,926,621 252,205,682 334,298,848
Net realized gain 196,914,518 83,087,544 259,128,838 341,224,491
Net change in unrealized appreciation/depreciation (2,284,892,586) 1,053,747,875 (403,151,571) (2,564,944,457)
Net realized and unrealized gain (loss) (2,087,978,068) 1,136,835,419 (144,022,733) (2,223,719,966)
Net increase (decrease) in net assets resulting from operations $ (2,107,427,940) $ 1,118,663,564 $ (181,979,616) $ (2,260,428,477)
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ (2.41) $ 1.33 [2] $ (0.21) $ (2.63) [2]
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.
[2] Reflects a one-for-two reverse stock split effective at market open on May 24, 2021.