Note 2 - Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

Activity in Gold Bullion [Table Text Block]

Three Months Ended September 30, 2022	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		16,402,064		$	25,199,563,975		$	29,802,548,231		$	—
Gold bullion contributed		39,877			69,345,194			69,345,194			—
Gold bullion distributed		(1,032,942	)		(1,587,284,995	)		(1,757,256,432	)		169,971,437
Gold bullion sold to pay expenses		(10,410	)		(15,995,515	)		(18,260,882	)		2,265,367
Net realized gain		—			—			172,236,804			—
Net change in unrealized appreciation/depreciation		—			—			(2,526,022,421	)		—
Ending balance		15,398,589		$	23,665,628,659		$	25,742,590,494		$	172,236,804

Three Months Ended September 30, 2021	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		16,230,858		$	24,271,632,748		$	28,617,437,101		$	—
Gold bullion contributed		237,945			428,654,583			428,654,583			—
Gold bullion distributed		(444,564	)		(665,324,199	)		(793,300,448	)		127,976,249
Gold bullion sold to pay expenses		(10,166	)		(15,213,954	)		(18,313,072	)		3,099,118
Net realized gain		—			—			131,075,367			—
Net change in unrealized appreciation/depreciation		—			—			(456,228,532	)		—
Ending balance		16,014,073		$	24,019,749,178		$	27,909,324,999		$	131,075,367

Nine Months Ended September 30, 2022	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		15,784,325		$	23,722,912,868		$	28,729,048,695		$	—
Gold bullion contributed		1,469,368			2,786,247,778			2,786,247,778			—
Gold bullion distributed		(1,824,428	)		(2,796,723,343	)		(3,218,900,462	)		422,177,119
Gold bullion sold to pay expenses		(30,676	)		(46,808,644	)		(55,997,167	)		9,188,523
Net realized gain		—			—			431,365,642			—
Net change in unrealized appreciation/depreciation		—			—			(2,929,173,992	)		—
Ending balance		15,398,589		$	23,665,628,659		$	25,742,590,494		$	431,365,642

Nine Months Ended September 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		858,637			1,576,551,832			1,576,551,832			—
Gold bullion distributed		(1,695,683	)		(2,525,438,007	)		(2,987,713,104	)		462,275,097
Gold bullion sold to pay expenses		(30,533	)		(45,507,233	)		(55,531,994	)		10,024,761
Net realized gain		—			—			472,299,858			—
Net change in unrealized appreciation/depreciation		—			—			(3,021,172,989	)		—
Ending balance		16,014,073		$	24,019,749,178		$	27,909,324,999		$	472,299,858