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Statements of comprehensive income (loss) - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Income    
Net realized losses on redemptions and sales of gold bullion $ (8,822,164) $ (2,757,701)
Change in unrealized gains (losses) on gold bullion (37,474,945) 268,523,339
Total income (loss) (46,297,109) 265,765,638
Expenses    
Management fees (note 8) 7,523,598 7,698,892
Bullion storage fees 1,244,613 1,000,001
Sales tax 460,617 580,872
Listing and regulatory filing fees 195,679 253,650
Unitholder reporting costs 121,176 397,168
Legal fees 86,880 88,643
Custodial fees 24,865 8,680
Administrative fees 116,081 187,659
Audit fees 72,456 100,000
Trustee fees 4,187 4,417
Independent Review Committee fees 19,930 24,248
Net foreign exchange losses 5,570 39,772
Total expenses 9,875,652 10,384,002
Net income (loss) and comprehensive income (loss) $ (56,172,761) $ 255,381,636
Weighted average number of units 205,988,433 213,754,800
Increase (decrease) in total equity from operations per Unit $ (0.27) $ 1.19