Note 2 - Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Notes Tables

Activity in Gold Bullion [Table Text Block]

Year Ended December 31, 2022	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		479,334		$	858,638,067		$	872,434,117		$	—
Gold bullion contributed		312,815			568,682,673			568,682,673			—
Gold bullion distributed		(169,380	)		(305,827,276	)		(315,644,715	)		9,817,439
Gold bullion sold to pay expenses		(422	)		(761,354	)		(758,873	)		(2,481	)
Net realized gain		—			—			9,814,958			—
Net change in unrealized appreciation/depreciation		—			—			(6,619,441	)		—
Ending balance		622,347		$	1,120,732,110		$	1,127,908,719		$	9,814,958

Period from June 15, 2021 (Date of Inception) to December 31, 2021:	Ounces			Cost			Fair Value			Realized Gain (Loss)
Beginning balance		5,000		$	9,325,500		$	9,325,500		$	—
Gold bullion contributed		494,428			885,306,489			885,306,489			—
Gold bullion distributed		(19,992	)		(35,810,420	)		(35,912,133	)		101,713
Gold bullion sold to pay expenses		(102	)		(183,502	)		(183,110	)		(392	)
Net realized gain		—			—			101,321			—
Net change in unrealized appreciation/depreciation		—			—			13,796,050			—
Ending balance		479,334		$	858,638,067		$	872,434,117		$	101,321

Schedule of Capital Units [Table Text Block]

	December 31,
	2022						2021(a)(b)
	Shares			Amount			Shares			Amount
Shares issued		31,300,000		$	568,682,673			49,450,000		$	885,306,489
Shares redeemed		(16,950,000	)		(315,644,715	)		(2,000,000	)		(35,912,133	)
Net increase		14,350,000		$	253,037,958			47,450,000		$	849,394,356