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Statements of comprehensive income (loss) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Income    
Net realized losses on redemptions and sales of gold bullion $ (2,757,701) $ (13,241,616)
Change in unrealized gains (losses) on gold bullion 268,523,339 164,576,409
Other income   2,512
Total income (loss) 265,765,638 151,337,305
Expenses    
Management fees (note 8) 7,698,892 7,624,214
Bullion storage fees 1,000,001 947,064
Sales tax 580,872 511,165
Listing and regulatory filing fees 253,650 381,571
Unitholder reporting costs 397,168 217,754
Administrative fees 187,659 165,761
Legal fees 88,643 115,446
Audit fees 100,000 80,711
Net foreign exchange (gains) losses 39,772 36,562
Trustee fees 4,417 26,125
Independent Review Committee fees 24,248 4,151
Custodial fees 8,680 598
Total expenses 10,384,002 10,111,122
Net income (loss) and comprehensive income (loss) $ 255,381,636 $ 141,226,183
Weighted average number of units 213,754,800 212,134,417
Increase (decrease) in total equity from operations per Unit $ 1.19 $ 0.67