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Statements of cash flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net income (loss) for the year $ 419,467,760 $ (256,999,604)
Adjustment to reconcile net income (loss) for the year to net cash from operating activities    
Realized losses on redemptions and sales of bullion 16,397,754 39,637,898
Change in unrealized (gains) losses on bullion (455,535,945) 195,868,677
Net changes in operating assets and liabilities    
Increase (decrease) in accounts payable (358,313) 980,858
Net cash used in operating activities (20,028,744) (20,512,171)
Cash flows from investing activities    
Sales of bullion 23,265,316 14,362,530
Net cash provided by investing activities 23,265,316 14,362,530
Cash flows from financing activities    
Payments on redemption of Units (note 7) (2,163,594) (902,448)
Net cash used in financing activities (2,163,594) (902,448)
Net increase (decrease) in cash during the year 1,072,978 (7,052,089)
Cash at beginning of the year 179,724 10
Cash received on CFCL acquisition   7,231,803
Cash at end of the year $ 1,252,702 $ 179,724