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RELATED PARTY (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Sep. 30, 2011
stakeholders
ounces
Jun. 30, 2011
ounces
Related party  
Maximum period of days gold inventory allocated to Royal Gold in an in-kind distribution will be held before sale (in days)5 
Crescent Valley Partners, L.P.
  
Related party  
Percentage of royalty interests acquired (as a percent)1.25% 
General partner ownership percentage held by Denver Mining Finance Company (as a percent)2.00% 
Limited partner ownership percentage held by Royal Gold (as a percent)29.60% 
Board of director members holding limited partner interests (number of)1 
Aggregate percentage of limited partner interests held by certain Royal Gold's executives (as a percent)35.56% 
Quantity of gold inventories (in ounces)12,73515,255
Carrying value of the gold in inventory$ 6.9$ 8.1
Fair value of the gold in inventory$ 20.6$ 23.0