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Statements of comprehensive income (loss) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income    
Net realized gains (losses) on redemptions and sales of gold bullion $ 2,449,389 $ (8,822,164)
Change in unrealized gains (losses) on gold bullion 368,815,119 (37,474,945)
Total income (loss) 371,264,508 (46,297,109)
Expenses    
Management fees (note 8) 7,785,296 7,523,598
Bullion storage fees 1,901,675 1,244,613
Sales tax 562,740 460,617
Listing and regulatory filing fees 165,045 195,679
Unitholder reporting costs 180,377 121,176
Legal fees 126,572 86,880
Custodial fees 9,448 24,865
Administrative fees 215,298 116,081
Audit fees 88,592 72,456
Trustee fees 3,770 4,187
Independent Review Committee fees 11,045 19,930
Net foreign exchange losses 333 5,570
Total expenses 11,050,191 9,875,652
Net income and comprehensive income $ 360,214,317 $ (56,172,761)
Weighted average number of units 196,451,611 205,988,433
Increase in total equity from operations per Unit $ 1.83 $ (0.27)