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INVESTMENT IN GOLD (Details)
3 Months Ended
Mar. 31, 2019
USD ($)
oz
Schedule of Investments [Abstract]  
Opening balance (in Ounces) | oz 69,462.3
Creations (in Ounces) | oz 13,488.5
Redemptions (in Ounces) | oz
Transfers of gold to pay expenses (in Ounces) | oz (32.1)
Change in unrealized appreciation/depreciation on investment in gold (in Ounces) | oz
Closing balance (in Ounces) | oz 82,918.7
Investment in gold, fair value, opening balance | $ $ 89,026,308
Creations | $ 17,396,805
Redemptions | $
Transfers of gold to pay expenses | $ (40,927)
Change in unrealized appreciation/depreciation on investment in gold | $ 1,030,713 [1]
Investment in gold, fair value, closing balance | $ $ 107,412,899
[1] No comparative financial statements have been provided as the Trust's operations commenced on July 26, 2018.