Note 2 - Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2025

Notes Tables

Activity in Gold Bullion [Table Text Block]

Three Months Ended September 30, 2025	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		14,208,071		$	26,671,492,201		$	46,708,323,436		$	—
Gold bullion contributed		1,471,996			5,197,790,806			5,197,790,806			—
Gold bullion distributed		(204,521	)		(391,801,749	)		(686,327,136	)		294,525,387
Gold bullion sold to pay expenses		(8,887	)		(16,999,320	)		(30,185,717	)		13,174,107
Net realized gain		—			—			307,699,494			—
Litigation proceeds(a)		—			—			12,290			—
Net change in unrealized appreciation/depreciation		—			—			7,667,296,712			—
Ending balance		15,466,659		$	31,460,481,938		$	59,164,609,885		$	307,699,494

Three Months Ended September 30, 2024	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		12,170,050		$	19,214,436,000		$	28,367,168,773		$	—
Gold bullion contributed		423,243			1,054,388,295			1,054,388,295			—
Gold bullion distributed		(678,362	)		(1,079,002,068	)		(1,646,906,995	)		567,904,927
Gold bullion sold to pay expenses		(7,524	)		(11,952,661	)		(18,225,544	)		6,272,883
Net realized gain		—			—			574,177,810			—
Net change in unrealized appreciation/depreciation		—			—			2,985,283,203			—
Ending balance		11,907,407		$	19,177,869,566		$	31,315,885,542		$	574,177,810

Nine Months Ended September 30, 2025	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		12,625,208		$	21,152,229,978		$	32,962,525,082		$	—
Gold bullion contributed		3,581,277			11,664,066,010			11,664,066,010			—
Gold bullion distributed		(714,801	)		(1,310,335,636	)		(2,272,484,935	)		962,149,299
Gold bullion sold to pay expenses		(25,025	)		(45,478,414	)		(78,972,348	)		33,481,644
Net realized gain		—			—			995,630,943			—
Litigation proceeds(a)		—			—			12,290			—
Net change in unrealized appreciation/depreciation		—			—			15,893,832,843			—
Ending balance		15,466,659		$	31,460,481,938		$	59,164,609,885		$	995,630,943

Nine Months Ended September 30, 2024	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		12,815,382		$	20,091,705,096		$	26,430,443,509		$	—
Gold bullion contributed		638,853			1,530,389,834			1,530,389,834			—
Gold bullion distributed		(1,523,844	)		(2,407,965,274	)		(3,483,017,794	)		1,075,052,520
Gold bullion sold to pay expenses		(22,984	)		(36,260,090	)		(51,967,184	)		15,620,566
Net realized gain		—			—			1,090,673,086			—
Litigation proceeds(a)		—			—			86,528			—
Net change in unrealized appreciation/depreciation		—			—			5,799,277,563			—
Ending balance		11,907,407		$	19,177,869,566		$	31,315,885,542		$	1,090,673,086