Statements of Condition (USD $) In Thousands	Sep. 30, 2011		Sep. 30, 2010
ASSETS
Investment in gold, at cost	$ 42,736,696	[1]	$ 37,736,064	[1]
Gold receivable	0		255,409
Total Assets	42,736,696		37,991,473
LIABILITIES
Gold payable	520,297		76,622
Accounts payable to related parties	21,500		16,065
Accounts payable	4,201		2,192
Accrued expenses	1,017		425
Total Liabilities	547,015		95,304
Redeemable Shares:
Shares at redemption value to investors	64,137,833	[2]	54,809,779	[2]
Shareholders' Deficit	(21,948,152)		(16,913,610)
Total Liabilities, Redeemable Shares & Shareholders' Deficit	$ 42,736,696		$ 37,991,473

[1] The market value of Investment in Gold at September 30, 2011 is $64,684,848 and at September 30, 2010 is $54,649,674

[2] Authorized share capital is unlimited and shares par value is $0.00. Shares issued and outstanding at September 30, 2011 is 406,800,000 and at September 30, 2010 is 429,200,000.