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INVESTMENT IN GOLD (Details)
5 Months Ended 12 Months Ended
Dec. 31, 2018
USD ($)
oz
Dec. 31, 2019
USD ($)
oz
Schedule of Investments [Abstract]    
Balance at beginning (in Ounces) | oz   69,462.3
Creations (in Ounces) | oz   46,429.2
Redemptions (in Ounces) | oz  
Transfer of gold to pay expenses (in Ounces) | oz   (162.5)
Change in unrealized appreciation/depreciation on investment in gold (in Ounces) | oz  
Balance at ending (in Ounces) | oz 69,462.3 115,729.0
Investment in gold, fair value, beginning balance | $   $ 89,026,308
Creations | $   64,855,904
Redemptions | $  
Transfer of gold to pay expenses | $   (229,120)
Change in unrealized appreciation/depreciation on investment in gold | $ $ 4,924,512 22,602,155
Investment in gold, fair value, ending balance | $ $ 89,026,308 $ 176,255,247