Note 2 - Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2023

Notes Tables

Activity in Gold Bullion [Table Text Block]

Three Months Ended June 30, 2023	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		14,286,334		$	22,113,171,288		$	28,282,655,788		$	—
Gold bullion contributed		424,647			852,839,106			852,839,106			—
Gold bullion distributed		(274,793	)		(428,666,963	)		(536,575,410	)		107,908,447
Gold bullion sold to pay expenses		(8,995	)		(13,997,859	)		(17,848,718	)		3,850,859
Net realized gain		—			—			111,759,306			—
Net change in unrealized appreciation/depreciation		—			—			(1,104,430,686	)		—
Ending balance		14,427,193		$	22,523,345,572		$	27,588,399,386		$	111,759,306

Three Months Ended June 30, 2022	Ounces			Cost			Fair Value			Realized Gain (loss)
Beginning balance		16,608,310		$	25,367,951,331		$	32,255,828,173		$	—
Gold bullion contributed		413,312			782,395,238			782,395,238			—
Gold bullion distributed		(608,940	)		(934,514,898	)		(1,127,722,686	)		193,207,788
Gold bullion sold to pay expenses		(10,618	)		(16,267,696	)		(19,974,426	)		3,706,730
Net realized gain		—			—			196,914,518			—
Net change in unrealized appreciation/depreciation		—			—			(2,284,892,586	)		—
Ending balance		16,402,064		$	25,199,563,975		$	29,802,548,231		$	196,914,518

Six Months Ended June 30, 2023	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		14,434,521		$	22,205,551,004		$	26,160,403,750		$	—
Gold bullion contributed		779,292			1,536,193,248			1,536,193,248			—
Gold bullion distributed		(768,826	)		(1,190,839,341	)		(1,452,234,717	)		261,395,376
Gold bullion sold to pay expenses		(17,794	)		(27,559,339	)		(34,311,365	)		6,752,026
Net realized gain		—			—			268,147,402			—
Net change in unrealized appreciation/depreciation		—			—			1,110,201,068			—
Ending balance		14,427,193		$	22,523,345,572		$	27,588,399,386		$	268,147,402

Six Months Ended June 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		1,429,491			2,716,902,584			2,716,902,584			—
Gold bullion distributed		(791,486	)		(1,209,438,348	)		(1,461,644,030	)		252,205,682
Gold bullion sold to pay expenses		(20,266	)		(30,813,129	)		(37,736,285	)		6,923,156
Net realized gain		—			—			259,128,838			—
Net change in unrealized appreciation/depreciation		—			—			(403,151,571	)		—
Ending balance		16,402,064		$	25,199,563,975		$	29,802,548,231		$	259,128,838