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  <xs:element name="MaximumNumberOfBusinessDaysToTransferOwnershipOfGoldFromTradeDate" type="xbrli:durationItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="fgdl_MaximumNumberOfBusinessDaysToTransferOwnershipOfGoldFromTradeDate"/>
  <xs:element name="TransferAgentTransactionProcessingFeePerOrder" type="srt-types:perUnitItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item" id="fgdl_TransferAgentTransactionProcessingFeePerOrder"/>
  <xs:element name="NumberOfSharesHeldByRelatedParty" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item" id="fgdl_NumberOfSharesHeldByRelatedParty"/>
  <xs:element name="FranklinResponsiblySourcedGoldEtfMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="fgdl_FranklinResponsiblySourcedGoldEtfMember"/>
  <xs:element name="InvestmentInGoldMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="fgdl_InvestmentInGoldMember"/>
  <xs:element name="SponsorMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="fgdl_SponsorMember"/>
  <xs:element name="AdjustmentsToReconcileNetIncreaseDecreaseInNetAssetsResultingFromOperationsToNetCashProvidedByUsedInOperatingActivitiesAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="fgdl_AdjustmentsToReconcileNetIncreaseDecreaseInNetAssetsResultingFromOperationsToNetCashProvidedByUsedInOperatingActivitiesAbstract"/>
  <xs:element name="INVESTMENTINGOLDAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="fgdl_INVESTMENTINGOLDAbstract"/>
  <xs:element name="NetRealizedAndChangeInUnrealizedGainLossOnInvesmentInGoldAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="fgdl_NetRealizedAndChangeInUnrealizedGainLossOnInvesmentInGoldAbstract"/>
  <xs:element name="ReconciliationOfNetIncreaseDecreaseInNetAssetsResultingFromOperationsToNetCashProvidedByUsedInOperatingActivitiesAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="fgdl_ReconciliationOfNetIncreaseDecreaseInNetAssetsResultingFromOperationsToNetCashProvidedByUsedInOperatingActivitiesAbstract"/>
  <xs:element name="SignificantAccountingPoliciesLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="fgdl_SignificantAccountingPoliciesLineItems"/>
  <xs:element name="SignificantAccountingPoliciesTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="fgdl_SignificantAccountingPoliciesTable"/>
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  <xs:element name="DocumentAndEntityInformationAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="fgdl_DocumentAndEntityInformationAbstract"/>
</xs:schema>
