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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Expenses      
Sponsor’s fees $ 71,451,301 $ 72,773,331 $ 65,443,749
Total expenses 71,451,301 72,773,331 65,443,749
Net investment loss (71,451,301) (72,773,331) (65,443,749)
Net Realized and Unrealized Gain (Loss)      
Gold bullion sold to pay expenses 10,728,003 12,824,248 12,881,172
Gold bullion distributed for the redemption of Shares 573,042,785 565,428,591 483,306,743
Net realized gain 583,770,788 578,252,839 496,187,915
Net change in unrealized appreciation/depreciation (1,051,283,081) (1,904,612,983) 4,373,267,647
Net realized and unrealized gain (loss) (467,512,293) (1,326,360,144) 4,869,455,562
Net increase (decrease) in net assets resulting from operations $ (538,963,594) $ (1,399,133,475) $ 4,804,011,813
Net increase (decrease) in net assets per Share(a) (in dollars per share) [1] $ (0.65) $ (1.65) [2] $ 6.24 [2]
[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.