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Note 2 - Significant Accounting Policies - Activity in Gold Bullion (Details)
3 Months Ended
Mar. 31, 2024
USD ($)
oz
Mar. 31, 2023
USD ($)
oz
Beginning balance (Ounce) | oz 12,815,382 14,434,521
Beginning balance, average cost $ 20,091,705,096 $ 22,205,551,004
Beginning balance, fair value $ 26,430,443,509 [1] $ 26,160,403,750
Gold bullion contributed (Ounce) | oz 93,652 354,645
Gold bullion contributed, average cost $ 190,497,624 $ 683,354,142
Gold bullion contributed, fair value $ 190,497,624 $ 683,354,142
Gold bullion distributed (Ounce) | oz (455,023) (494,033)
Gold bullion distributed, average cost $ (714,120,151) $ (762,172,378)
Gold bullion distributed, fair value (931,768,113) (915,659,307)
Gold bullion distributed, realized gain (loss) $ 217,647,962 $ 153,486,929
Gold bullion sold to pay expenses (Ounce) | oz (7,815) (8,799)
Gold bullion sold to pay expenses, average cost $ (12,265,120) $ (13,561,480)
Gold bullion sold to pay expenses, fair value (16,055,292) (16,462,647)
Gold bullion sold to pay expenses, realized gain (loss) 3,790,172 2,901,167
Net realized gain (loss), fair value 221,438,134 156,388,096
Net change in unrealized appreciation/depreciation, fair value $ 1,665,679,232 $ 2,214,631,754
Ending balance (Ounce) | oz 12,446,196 14,286,334
Ending balance, average cost $ 19,555,817,449 $ 22,113,171,288
Ending balance, fair value 27,560,235,094 [1] 28,282,655,788
Ending balance, realized gain (loss) $ 221,438,134 $ 156,388,096
[1] Cost of investment in gold bullion: $19,555,817,449 and $20,091,705,096, respectively.