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Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets    
Investment in gold bullion at fair value (a) [1] $ 5,210,940 $ 6,214,710
TOTAL ASSETS 5,210,940 6,214,710
Current liabilities    
Sponsor’s fees payable 1,137 1,323
Total liabilities $ 1,137 $ 1,323
Commitments and contingent liabilities (Note 6)
Shareholders’ equity (b) [2] $ 5,209,803 $ 6,213,387
TOTAL LIABILITIES, REDEEMABLE CAPITAL SHARES AND SHAREHOLDERS’ EQUITY (DEFICIT) $ 5,210,940 $ 6,214,710
Shares issued and outstanding (c) (in Shares) [3] 508,100,000 535,400,000
Net asset value per Share (d) (in Dollars per share) [4] $ 10.25 $ 11.61
[1] Cost of investment in gold bullion: $5,910,176 and $6,254,868, respectively.
[2] Represents net asset value. Please refer to Note 2D.
[3] No par value, unlimited amount authorized.
[4] Effective January 1, 2014, the Trust qualified as an investment company solely for accounting purposes and not for any other purpose. Disclosure of net asset value per Share is required for investment companies. Please refer to Note 2B.