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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Expenses        
Sponsor’s fees $ 17,481,962 $ 18,059,257 $ 55,438,845 $ 54,767,768
Total expenses 17,481,962 18,059,257 55,438,845 54,767,768
Net investment loss (17,481,962) (18,059,257) (55,438,845) (54,767,768)
Net Realized and Unrealized Gain (Loss)        
Gold bullion sold to pay expenses 2,265,367 3,099,118 9,188,523 10,024,761
Gold bullion distributed for the redemption of Shares 169,971,437 127,976,249 422,177,119 462,275,097
Net realized gain 172,236,804 131,075,367 431,365,642 472,299,858
Net change in unrealized appreciation/depreciation (2,526,022,421) (456,228,532) (2,929,173,992) (3,021,172,989)
Net realized and unrealized loss (2,353,785,617) (325,153,165) (2,497,808,350) (2,548,873,131)
Net increase (decrease) in net assets resulting from operations $ (2,371,267,579) $ (343,212,422) $ (2,553,247,195) $ (2,603,640,899)
Net decrease in net assets per Share (in dollars per share) [1] $ (2.82) $ (0.41) $ (2.99) $ (3.05) [2]
[1] Net 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.