Shareholder Ownership	12 Months Ended
Jan. 31, 2020
Equity [Abstract]
SHAREHOLDER OWNERSHIP	5. SHAREHOLDER OWNERSHIP Merk Hard Currency Fund owned a market value of $3,845,856 (247,800 shares) which equates to 1.94% ownership in the Trust as of January 31, 2020.

The entire disclosure for shareholders' equity and share-based payment arrangement. Includes, but is not limited to, disclosure of policy and terms of share-based payment arrangement, deferred compensation arrangement, and employee stock purchase plan (ESPP).

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI http://asc.fasb.org/topic&trid=2208762

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-URI http://asc.fasb.org/topic&trid=2228938

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