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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Expenses      
Sponsor’s fees $ 67,766,849 $ 71,451,301 $ 72,773,331
Total expenses 67,766,849 71,451,301 72,773,331
Net investment loss (67,766,849) (71,451,301) (72,773,331)
Net Realized and Unrealized Gain (Loss)      
Gold bullion sold to pay expenses 13,298,183 10,728,003 12,824,248
Gold bullion distributed for the redemption of Shares 922,497,159 573,042,785 565,428,591
Net realized gain 935,795,342 583,770,788 578,252,839
Net change in unrealized appreciation/depreciation 2,383,885,667 (1,051,283,081) (1,904,612,983)
Net realized and unrealized gain (loss) 3,319,681,009 (467,512,293) (1,326,360,144)
Net increase (decrease) in net assets resulting from operations $ 3,251,914,160 $ (538,963,594) $ (1,399,133,475)
Net increase (decrease) in net assets per Share (in dollars per share) [1] $ 4.42 $ (0.65) $ (1.65) [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.