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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Expenses        
Sponsor’s fees $ 17,072,930 $ 17,481,962 $ 51,699,084 $ 55,438,845
Total expenses 17,072,930 17,481,962 51,699,084 55,438,845
Net investment loss (17,072,930) (17,481,962) (51,699,084) (55,438,845)
Net Realized and Unrealized Gain (Loss)        
Gold bullion sold to pay expenses 3,397,660 2,265,367 10,149,686 9,188,523
Gold bullion distributed for the redemption of Shares 475,910,441 169,971,437 737,305,817 422,177,119
Net realized gain 479,308,101 172,236,804 747,455,503 431,365,642
Net change in unrealized appreciation/depreciation (1,018,117,461) (2,526,022,421) 92,083,607 (2,929,173,992)
Net realized and unrealized gain (loss) (538,809,360) (2,353,785,617) 839,539,110 (2,497,808,350)
Net increase (decrease) in net assets resulting from operations $ (555,882,290) $ (2,371,267,579) $ 787,840,026 $ (2,553,247,195)
Net increase in net assets per Share (in dollars per share) [1] $ (0.75) $ (2.82) $ 1.04 $ (2.99)
[1] Net increase (decrease) in net assets per Share based on average shares outstanding during the period.