Financial Highlights

6 Months Ended

Jul. 31, 2025

Financial Highlights [Abstract]

FINANCIAL HIGHLIGHTS

5. FINANCIAL HIGHLIGHTS

The following table presents per share performance data and other supplemental financial data for the three and six months ended July 31, 2025 and 2024. This information has been derived from information presented in the financial statements.

Financial Highlights (unaudited)

Per Share Performance (for a share outstanding throughout each period)

	For the Three Months Ended July 31, 2025			For the Three Months Ended July 31, 2024			For the Six Months Ended July 31, 2025			For the Six Months Ended July 31, 2024
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Net asset value per share, beginning of period	$	31.76		$	22.14		$	27.01		$	19.69
Net investment loss(a)		(0.02	)		(0.01	)		(0.04	)		(0.03	)
Net realized and unrealized gain (loss) on investment in gold bullion		(0.03	)		1.53			4.74			4.00
Net change in net assets from operations		(0.05	)		1.52			4.70			3.97
Net asset value per share, end of period	$	31.71		$	23.66		$	31.71		$	23.66
Total return, at net asset value(b)		(0.16	)%		6.87	%		17.40	%		20.16	%
Ratio to average net assets(c)
Net investment loss		(0.25	)%		(0.25	)%		(0.25	)%		(0.25	)%
Net expenses		0.25	%		0.25	%		0.25	%		0.25	%

(a) Calculated using average shares outstanding

(b) Not annualized

(c) Annualized