Changes in ounces of gold and their respective values for the years ended December 31, 2021 and 2020 are set out below: (Details) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2021
USD ($)
oz
|
Dec. 31, 2020
USD ($)
oz
|
Dec. 31, 2019
USD ($)
oz
|
|
| Accounting Policies [Abstract] | |||
| Opening balance | oz | 1,405,430.5 | 787,688.3 | |
| Creations | oz | 69,166.7 | 739,919.1 | |
| Redemptions | oz | (147,946.2) | (120,236.3) | |
| Transfers of gold to pay expenses | oz | (2,300.8) | (1,940.6) | |
| Closing balance | oz | 1,324,350.2 | 1,405,430.5 | 787,688.3 |
| Opening balance | $ 2,652,891 | $ 1,193,151 | |
| Creations | 128,307 | 1,298,953 | |
| Redemptions | (258,605) | (203,169) | |
| Realized gain on gold distributed for the redemption of Shares | 32,491 | 30,873 | $ 8,541 |
| Transfers of gold to pay expenses | (4,155) | (3,433) | |
| Realized gain on gold transferred to pay expenses | 635 | 643 | 154 |
| Change in unrealized (loss) / gain on investment in gold | (159,986) | 335,873 | 146,664 |
| Closing balance | $ 2,391,578 | $ 2,652,891 | $ 1,193,151 |