SPDR Gold Shares (GLD) 10-K 22 Nov 23 2023 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Sep. 30, 2023	Nov. 21, 2023	Mar. 31, 2023
Document Information [Line Items]
Entity Central Index Key	0001222333
Entity Registrant Name	SPDR® GOLD TRUST
Amendment Flag	false
Current Fiscal Year End Date	--09-30
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2023
Document Type	10-K
Document Annual Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	001-32356
Entity Incorporation, State or Country Code	NY
Entity Tax Identification Number	81-6124035
Entity Address, Address Line One	c/o World Gold Trust Services, LLC
Entity Address, Address Line Two	685 Third Avenue, Suite 2702
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10017
City Area Code	212
Local Phone Number	317-3800
Title of 12(b) Security	SPDR® Gold Shares
Trading Symbol	GLD®
Security Exchange Name	NYSEArca
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 59,048,717,000
Entity Common Stock, Shares Outstanding		306,300,000
Auditor Name	KPMG, LLP
Auditor Location	New York, NY
Auditor Firm ID	185

Statements of Financial Conditi

Statements of Financial Condition - USD ($) $ in Thousands		Sep. 30, 2023	Sep. 30, 2022
ASSETS
Investments in Gold, at fair value (cost $47,094,463 and $49,274,427 at September 30, 2023 and 2022, respectively)		$ 52,539,161	$ 50,693,257
Total Assets		52,539,161	50,693,257
LIABILITIES
Gold payable		0	185,723
Total Liabilities		17,892	202,797
Net Assets		$ 52,521,269	$ 50,490,460
Shares issued (in shares)	[1]	302,700,000	324,300,000
Shares outstanding (in shares)		302,700,000	324,300,000
Net asset value per Share		$ 173.51	$ 155.69
Related Party [Member]
LIABILITIES
Accounts payable to Sponsor		$ 17,892	$ 17,074
[1]Authorized share capital is unlimited and the par value of the Shares is $0.00.

Statements of Financial Condi_2

Statements of Financial Condition (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Investment in Gold, at cost	$ 47,094,463	$ 49,274,427
Common stock, par value (in dollars per share)	$ 0	$ 0
Investment in Gold [Member]
Investment in Gold, at cost	$ 47,094,463	$ 49,274,427

Schedules of Investment

Schedules of Investment oz in Thousands, $ in Thousands	Sep. 30, 2023 USD ($) oz	Sep. 30, 2022 USD ($) oz
Investment in Gold, at cost	$ 47,094,463	$ 49,274,427
Investment, fair value	$ 52,539,161	$ 50,693,257
Investment, % of net assets	100.03%	100.40%
Liabilities in excess of other assets, fair value	$ (17,892)	$ (202,797)
Liabilities in excess of other assets, % of net assets	(0.03%)	(0.40%)
Net Assets, fair value	$ 52,521,269	$ 50,490,460
Net Assets, % of net assets	100%	100%
Investment in Gold [Member]
Investment, ounces of gold | oz	28,088	30,324
Investment in Gold, at cost	$ 47,094,463	$ 49,274,427
Investment, fair value	$ 52,539,161	$ 50,693,257
Investment, % of net assets	100.03%	100.40%

Statements of Operations

Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
EXPENSES
Sponsor fees	$ 56,145	$ 59,093	$ 54,875	$ 51,496	$ 55,562	$ 64,772	$ 61,058	$ 57,105	$ 221,609	$ 238,497	$ 257,595
Total expenses	56,145	59,093	54,875	51,496	55,562	64,772	61,058	57,105	221,609	238,497	257,595
Net investment loss	(56,145)	(59,093)	(54,875)	(51,496)	(55,562)	(64,772)	(61,058)	(57,105)	(221,609)	(238,497)	(257,595)
Net realized and change in unrealized gain/(loss) on investment in gold
Net realized gain/(loss) from investment in gold sold to pay expenses	7,569	9,804	6,534	2,693	4,277	9,851	8,878	7,317	26,600	30,323	43,413
Net realized gain/(loss) from gold distributed for the redemption of shares	554,461	674,988	312,163	175,717	423,545	924,875	440,331	302,742	1,717,329	2,091,493	4,455,284
Net change in unrealized gain/(loss) on investment in gold	(1,728,540)	(2,708,536)	4,559,082	3,903,862	(5,127,032)	(5,329,581)	3,535,070	2,093,694	4,025,868	(4,827,849)	(9,987,571)
Net realized and change in unrealized gain/(loss) on investment in gold	(1,166,510)	(2,023,744)	4,877,779	4,082,272	(4,699,210)	(4,394,855)	3,984,279	2,403,753	5,769,797	(2,706,033)	(5,488,874)
Net income/(loss)	$ (1,222,655)	$ (2,082,837)	$ 4,822,904	$ 4,030,776	$ (4,754,772)	$ (4,459,627)	$ 3,923,221	$ 2,346,648	$ 5,548,188	$ (2,944,530)	$ (5,746,469)
Net income/(loss) per share	$ (3.93)	$ (6.46)	$ 15.21	$ 12.7	$ (13.93)	$ (12.01)	$ 11.09	$ 6.95	$ 17.5	$ (8.39)	$ (15.25)
Weighted average number of shares (in 000’s) (in shares)	310,962	322,625	317,031	317,265	341,353	371,198	353,898	337,516	316,955	350,920	376,931

Statements of Cash Flows

Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended				12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
INCREASE/DECREASE IN CASH FROM OPERATIONS:
Cash proceeds received from sales of gold					$ 220,791	$ 240,172	$ 264,295
Cash expenses paid					(220,791)	(240,172)	(264,295)
Increase/(Decrease) in cash resulting from operations					0	0	0
Cash and cash equivalents at beginning of period		$ 0		$ 0	0	0	0
Cash and cash equivalents at end of period	$ 0		$ 0		0	0	0
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:
Value of gold received for creation of shares-net of change in gold receivable					11,487,838	17,115,534	11,694,069
Value of gold distributed for redemption of shares-net of change in gold payable					15,190,940	18,950,095	27,444,877
RECONCILIATION OF NET INCOME/(LOSS) TO NET CASH PROVIDED BY OPERATING ACTIVITIES
Net income/(loss)					5,548,188	(2,944,530)	(5,746,469)
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:
Proceeds from sales of gold to pay expenses					220,791	240,172	264,295
Net realized (gain)/loss from investment in gold sold to pay expenses	(7,569)	(2,693)	(4,277)	(7,317)	(26,600)	(30,323)	(43,413)
Net realized (gain)/loss from gold distributed for the redemption of shares	(554,461)	(175,717)	(423,545)	(302,742)	(1,717,329)	(2,091,493)	(4,455,284)
Net change in unrealized (gain)/loss on investment in gold	$ 1,728,540	$ (3,903,862)	$ 5,127,032	$ (2,093,694)	(4,025,868)	4,827,849	9,987,571
Increase/(Decrease) in accounts payable to Sponsor					818	(1,675)	(6,700)
Net cash provided by operating activities					$ 0	$ 0	$ 0

Statements of Changes in Net As

Statements of Changes in Net Assets - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Net Assets - Opening Balance				$ 50,490,460				$ 55,455,274	$ 50,490,460	$ 55,455,274	$ 76,952,551
Creations									11,487,838	17,115,534	11,694,069
Redemptions									(15,005,217)	(19,135,818)	(27,444,877)
Net investment loss	$ (56,145)	$ (59,093)	$ (54,875)	(51,496)	$ (55,562)	$ (64,772)	$ (61,058)	(57,105)	(221,609)	(238,497)	(257,595)
Net realized gain/(loss) from investment in gold sold to pay expenses	7,569	9,804	6,534	2,693	4,277	9,851	8,878	7,317	26,600	30,323	43,413
Net realized gain/(loss) from gold distributed for the redemption of shares	554,461	674,988	312,163	175,717	423,545	924,875	440,331	302,742	1,717,329	2,091,493	4,455,284
Net change in unrealized gain/(loss) on investment in gold	(1,728,540)	$ (2,708,536)	$ 4,559,082	$ 3,903,862	(5,127,032)	$ (5,329,581)	$ 3,535,070	$ 2,093,694	4,025,868	(4,827,849)	(9,987,571)
Net Assets - Closing Balance	$ 52,521,269				$ 50,490,460				$ 52,521,269	$ 50,490,460	$ 55,455,274

Note 1 - Organization

Note 1 - Organization	12 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Organization	1. Organization The SPDR® Gold Trust (the “Trust”) is an investment trust formed on November 12, 2004 under New York law pursuant to a trust indenture (the “Trust Indenture”). The fiscal year end for the Trust is September 30 th The Shares trade on the NYSE Arca, Inc. (the “NYSE Arca”) under the symbol “GLD”, providing investors with an efficient means to obtain market exposure to the price of gold bullion. The Shares are also listed on the Hong Kong Exchanges and Clearing Limited, the Mexican Stock Exchange (Bolsa Mexicana de Valores), the Singapore Exchange Limited and the Tokyo Stock Exchange. The Trustee does not actively manage the gold held by the Trust. This means that the Trustee does not sell gold at times when its price is high or acquire gold at low prices in the expectation of future price increases. It also means that the Trustee does not make use of any of the hedging techniques available to professional gold investors to attempt to reduce the risk of losses resulting from price decreases. Any losses sustained by the Trust will adversely affect the value of the Shares.

Note 2 - Significant Accounting

Note 2 - Significant Accounting Policies	12 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Significant Accounting Policies	2. Significant Accounting Policies The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires those responsible for preparing financial statements to make estimates and assumptions that affect the reported amounts and disclosures. Actual results could differ from those estimates. The following is a summary of significant accounting policies followed by the Trust. 2.1. Basis of Accounting For accounting purposes only, the Trust is an investment company and, therefore, applies the specialized accounting and reporting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services—Investment Companies. The Trust is not registered as an investment company under the Investment Company Act of 1940, as amended. 2.2. Fair Value Measurement FASB Accounting Standards Codification Topic 820, Fair Value Measurements and Disclosures, provides a single definition of fair value, a hierarchy for measuring fair value and expanded disclosures about fair value adjustments. The Trust does not hold any derivative instruments, and its assets only consist of allocated gold bullion and, from time to time, (i) gold receivable, representing gold covered by contractually binding orders for the creation of Shares where the gold has not yet been transferred to the Trust’s account and (ii) cash, which is used to pay expenses. U.S. GAAP defines fair value as the price the Trust would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. The Trust’s policy is to value its investments at fair value. Various inputs are used in determining the fair value of assets and liabilities. Inputs may be based on independent market data (“observable inputs”) or they may be internally developed (“unobservable inputs”). These inputs are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes. The level of a value determined for an asset or liability within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement in its entirety. The three levels of the fair value hierarchy are as follows: Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities; Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly or indirectly, including quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not considered to be active, inputs other than quoted prices that are observable for the asset or liability and inputs that are derived principally from or corroborated by observable market data by correlation or other means; and Level 3 – Inputs that are unobservable for the asset or liability, including the Trust’s assumptions used in determining the fair value of investments. The following table summarizes the Trust’s investments at fair value: (Amounts in 000’s of US$) September 30, 2023 Level 1 Level 2 Level 3 Investment in Gold $ 52,539,161 $ — $ — Total $ 52,539,161 $ — $ — (Amounts in 000’s of US$) September 30, 2022 Level 1 Level 2 Level 3 Investment in Gold $ 50,693,257 $ — $ — Total $ 50,693,257 $ — $ — There were no transfers between Level 1 and other Levels for the years ended September 30, 2023 and 2022. The Trustee values the gold held by the Trust on the basis of the price of an ounce of gold as determined by the ICE Benchmark Administration Limited (“IBA”), a benchmark administrator, which provides an independently administered auction process as well as the overall administration and governance for the London Bullion Market Association (“LBMA”). In determining the net asset value (“NAV”) of the Trust, the Trustee values the gold held by the Trust on the basis of the price of an ounce of gold determined by the IBA 3:00 PM auction process (“LBMA Gold Price PM”), which is an electronic auction, with the imbalance calculated, and the price adjusted in rounds (30 seconds in duration). The auction runs twice daily at 10:30 AM and 3:00 PM London time. The Trustee determines the NAV of the Trust on each day the NYSE Arca is open for regular trading, at the earlier of the LBMA Gold Price PM for the day or 12:00 PM New York time. If no LBMA Gold Price is made on a particular evaluation day or if the LBMA Gold Price has not been announced by 12:00 PM New York time on a particular evaluation day, the next most recent LBMA Gold Price (AM or PM) is used in the determination of the NAV of the Trust, unless the Trustee, in consultation with the Sponsor, determines that such a price is inappropriate to use as the basis for such determination. 2.3. Custody of Gold Gold is held by the Custodians on behalf of the Trust, 100% of which is allocated gold in the form of good delivery gold bars. A current list of all gold held by the Custodians, including any held with a subcustodian, is available on the Sponsor’s website at www.spdrgoldshares.com. 2.4. Gold Receivable Gold receivable represents the quantity of gold covered by contractually binding orders for the creation of Shares where the gold has not yet been transferred to the Trust’s account. Generally, ownership of the gold is transferred within two (Amounts in 000 s of US$) Sep-30, 2023 Sep-30, 2022 Gold receivable $ — $ — 2.5. Gold Payable Gold payable represents the quantity of gold covered by contractually binding orders for the redemption of Shares where the gold has not yet been transferred out of the Trust’s account. Generally, ownership of the gold is transferred within two (Amounts in 000’s of US$) Sep-30, 2023 Sep-30, 2022 Gold payable $ — $ 185,723 2.6. Creations and Redemptions of Shares The Trust creates and redeems Shares from time to time, but only in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (“Authorized Participants”) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of the number of Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received. As the Shares of the Trust are redeemable in Baskets at the option of the Authorized Participants, the Trust has classified the Shares as Net Assets for financial reporting purposes. Activity in the number and value of Shares created and redeemed for the years ended September 30, 2023, 2022 and 2021 are as follows: Year Ended Year Ended Year Ended (Amounts are in 000’s) Sep-30, 2023 Sep-30, 2022 Sep-30, 2021 Activity in Number of Shares Created and Redeemed: Creations 65,000 97,800 67,500 Redemptions (86,600 ) (113,800 ) (161,600 ) Net Change in Number of Shares Created and Redeemed (21,600 ) (16,000 ) (94,100 ) Year Ended Year Ended Year Ended (Amounts in 000’s of US$) Sep-30, 2023 Sep-30, 2022 Sep-30, 2021 Activity in Value of Shares Created and Redeemed: Creations $ 11,487,838 $ 17,115,534 $ 11,694,069 Redemptions (15,005,217 ) (19,135,818 ) (27,444,877 ) Net change in Value of Shares Created and Redeemed $ (3,517,379 ) $ (2,020,284 ) $ (15,750,808 ) 2.7. Income and Expense (Amounts in 000 s of US$) The Trustee will, at the direction of the Sponsor or in its own discretion, sell the Trust’s gold as necessary to pay the Trust’s expenses. When selling gold to pay expenses, the Trustee will endeavor to sell the smallest amount of gold needed to pay expenses in order to minimize the Trust’s holdings of assets other than gold. Unless otherwise directed by the Sponsor, the Trustee will sell gold to the Custodians at the next LBMA Gold Price PM following the sale order. A gain or loss is recognized based on the difference between the selling price and the average cost of the gold sold, and such amounts are reported as net realized gain/(loss) from investment in gold sold to pay expenses on the Statements of Operations. The Trust’s net realized and change in unrealized gain/(loss) on investment in gold for the year ended September 30, 2023 of $5,769,797 is made up of a realized gain of $26,600 from the sale of gold to pay expenses, a realized gain of $1,717,329 from gold distributed for the redemption of Shares, and a change in unrealized gain/(loss) of $4,025,868 on investment in gold. The Trust’s net realized and change in unrealized gain/(loss) on investment in gold for the year ended September 30, 2022 of $(2,706,033) is made up of a realized gain of $30,323 from the sale of gold to pay expenses, a realized gain of $2,091,493 from gold distributed for the redemption of Shares, and a change in unrealized gain/(loss) of $(4,827,849) on investment in gold. 2.8. Income Taxes The Trust is classified as a “grantor trust” for U.S. federal income tax purposes. As a result, the Trust itself will not be subject to U.S. federal income tax. Instead, the Trust’s income and expenses will “flow through” to the Shareholders, and the Trustee will report the Trust’s proceeds, income, deductions, gains, and losses to the Internal Revenue Service on that basis. The Sponsor of the Trust has evaluated whether or not there are uncertain tax positions that require financial statement recognition and has determined that no reserves for uncertain tax positions are required as of September 30, 2023 or 2022. The Sponsor evaluates tax positions taken or expected to be taken in the course of its tax treatment, and its tax reporting to its shareholders, of these positions to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet that threshold would be recorded as an expense in the current year. The Trust is required to analyze all open tax years. Open tax years are those years that are open for examination by the relevant income taxing authority. As of September 30, 2023, the 2022, 2021, and 2020 tax years remain open for examination. There were no examinations in progress at period end.

Note 3 - Quarterly Statements o

Note 3 - Quarterly Statements of Operations	12 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Quarterly Statements of Operations	3. Quarterly Statements of Operations Year Ended September 30, 2023 Three Months Ended (unaudited) Year Ended (Amounts in 000’s of US$, except per share data) Dec 31, 2022 Mar 31, 2023 Jun 30, 2023 Sep 30, 2023 Sep 30, 2023 EXPENSES Sponsor fees $ 51,496 $ 54,875 $ 59,093 $ 56,145 $ 221,609 Total expenses 51,496 54,875 59,093 56,145 221,609 Net investment loss (51,496 ) (54,875 ) (59,093 ) (56,145 ) (221,609 ) Net realized and change in unrealized gain/(loss) on investment in gold Net realized gain/(loss) from investment in gold sold to pay expenses 2,693 6,534 9,804 7,569 26,600 Net realized gain/(loss) from gold distributed for the redemption of shares 175,717 312,163 674,988 554,461 1,717,329 Net change in unrealized gain/(loss) on investment in gold 3,903,862 4,559,082 (2,708,536 ) (1,728,540 ) 4,025,868 Net realized and change in unrealized gain/(loss) on investment in gold 4,082,272 4,877,779 (2,023,744 ) (1,166,510 ) 5,769,797 Net income/(loss) $ 4,030,776 $ 4,822,904 $ (2,082,837 ) $ (1,222,655 ) $ 5,548,188 Net income/(loss) per share $ 12.70 $ 15.21 $ (6.46 ) $ (3.93 ) $ 17.50 Weighted average number of shares (in 000’s) 317,265 317,031 322,625 310,962 316,955 Year Ended September 30, 2022 Three Months Ended (unaudited) Year Ended (Amounts in 000’s of US$, except per share data) Dec 31, 2021 Mar 31, 2022 Jun 30, 2022 Sep 30, 2022 Sep 30, 2022 EXPENSES Sponsor fees $ 57,105 $ 61,058 $ 64,772 $ 55,562 $ 238,497 Total expenses 57,105 61,058 64,772 55,562 238,497 Net investment loss (57,105 ) (61,058 ) (64,772 ) (55,562 ) (238,497 ) Net realized and change in unrealized gain/(loss) on investment in gold Net realized gain/(loss) from investment in gold sold to pay expenses 7,317 8,878 9,851 4,277 30,323 Net realized gain/(loss) from gold distributed for the redemption of shares 302,742 440,331 924,875 423,545 2,091,493 Net change in unrealized gain/(loss) on investment in gold 2,093,694 3,535,070 (5,329,581 ) (5,127,032 ) (4,827,849 ) Net realized and change in unrealized gain/(loss) on investment in gold 2,403,753 3,984,279 (4,394,855 ) (4,699,210 ) (2,706,033 ) Net income/(loss) $ 2,346,648 $ 3,923,221 $ (4,459,627 ) $ (4,754,772 ) $ (2,944,530 ) Net income/(loss) per share $ 6.95 $ 11.09 $ (12.01 ) $ (13.93 ) $ (8.39 ) Weighted average number of shares (in 000’s) 337,516 353,898 371,198 341,353 350,920

Note 4 - Related Parties - Spon

Note 4 - Related Parties - Sponsor and Trustee	12 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Related Parties - Sponsor and Trustee	4. Related Parties Sponsor and Trustee The Trust’s only recurring fixed expense is the Sponsor’s fee which accrues daily at an annual rate equal to 0.40% of the daily NAV, in exchange for the Sponsor assuming the responsibility to pay all ordinary fees and expenses of the Trust which include fees and expenses of the Trustee, fees and expenses of the Custodians for the custody of the Trust’s gold bars, fees and expenses of the Sponsor, certain taxes, fees of the Marketing Agent, printing and mailing costs, legal and audit fees, registration fees, NYSE Arca listing fees and other marketing costs and expenses. Additionally, under a separate agreement with JPMorgan, the Sponsor has agreed to pay or reimburse JPMorgan for any value added, sales or similar tax chargeable on the services provided by JPMorgan as a Custodian, including any such taxes otherwise payable by the Trust. Affiliates of the Trustee may from time to time act as Authorized Participants or purchase or sell gold or Shares for their own account, as agent for their customers and for accounts over which they exercise investment discretion.

Note 5 - Concentration of Risk

Note 5 - Concentration of Risk	12 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Concentration of Risk	5. Concentration of Risk The Trust’s sole business activity is the investment of gold. Various factors could affect the price of gold including: (i) global supply and demand, which is influenced by such factors as gold’s uses in jewelry, technology and industrial applications, purchases made by investors in the form of bars, coins and other gold products, forward selling by gold producers, purchases made by gold producers to unwind gold hedge positions, central bank purchases and sales, and production and cost levels in major gold-producing countries such as China, Australia, and the United States; (ii) investors’ expectations with respect to the rate of inflation; (iii) currency exchange rates; (iv) interest rates; (v) investment and trading activities of hedge funds and commodity funds; (vi) other economic variables such as income growth, economic output, and monetary policies; and (vii) global or regional political, economic or financial events and situations, especially those that are unexpected in nature. In addition, while gold is used to preserve wealth by investors around the world, there is no assurance that gold will maintain its long-term value in terms of purchasing power in the future. In the event that the price of gold declines, the Sponsor expects the value of an investment in the Shares to decline proportionately. Each of these events could have a material effect on the Trust’s financial position and results of operations.

Note 6 - Indemnification

Note 6 - Indemnification	12 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Indemnification	6. Indemnification The Sponsor, and its shareholders, members, directors, officers, employees, affiliates and subsidiaries, are indemnified by the Trust and held harmless against certain losses, liabilities or expenses incurred in the performance of their duties under the Trust Indenture without gross negligence, bad faith, willful misconduct, willful malfeasance or reckless disregard of the indemnified party’s obligations and duties under the Trust Indenture. Such indemnity includes payment by the Trust of the costs and expenses incurred in defending against any claim or liability under the Trust Indenture. Under the Trust Indenture, the Sponsor may be able to seek indemnification by the Trust for payments it makes in connection with the Sponsor’s activities under the Trust Indenture to the extent its conduct does not disqualify it from receiving such indemnification under the terms of the Trust Indenture. The Sponsor is also indemnified by the Trust and held harmless against any loss, liability or expense arising under the Amended and Restated Marketing Agent Agreement between the Sponsor and the Marketing Agent effective July 17, 2015, as amended, or any agreement entered into with an Authorized Participant which provides the procedures for the creation and redemption of Baskets and for the delivery of gold and any cash required for creations and redemptions insofar as such loss, liability or expense arises from any untrue statement or alleged untrue statement of a material fact contained in any written statement provided to the Sponsor by the Trustee. Any amounts payable to the Sponsor are secured by a lien on the Trust’s assets. The Sponsor has agreed to indemnify certain parties against certain liabilities and to contribute to payments that such parties may be required to make in respect of those liabilities. The Trustee has agreed to reimburse such parties, solely from and to the extent of the Trust’s assets, for indemnification and contribution amounts due from the Sponsor in respect of such liabilities to the extent the Sponsor has not paid such amounts when due. The Sponsor has agreed that, to the extent the Trustee pays any amount in respect of the reimbursement obligations described in the preceding sentence, the Trustee, for the benefit of the Trust, will be subrogated to and will succeed to the rights of the party so reimbursed against the Sponsor.

Note 7 - Financial Highlights

Note 7 - Financial Highlights	12 Months Ended
	Sep. 30, 2023
Notes to Financial Statements
Financial Highlights	7. Financial Highlights The Trust is presenting the following financial highlights related to investment performance and operations of a Share outstanding for the years ended September 30, 2023, 2022 and 2021, respectively. The total return at net asset value is based on the change in net asset value of a Share during the period and the total return at market value is based on the change in market value of a Share on the NYSE Arca during the period. An individual investor’s return and ratios may vary based on the timing of capital transactions. Year Ended Year Ended Year Ended Sep-30, 2023 Sep-30, 2022 Sep-30, 2021 Net Asset Value Net asset value per Share, beginning of period $ 155.69 $ 162.96 $ 177.15 Net investment income/(loss) (0.70 ) (0.68 ) (0.68 ) Net Realized and Change in Unrealized Gain/(Loss) 18.52 (6.59 ) (13.51 ) Net Income/(Loss) 17.82 (7.27 ) (14.19 ) Net asset value per Share, end of period $ 173.51 $ 155.69 $ 162.96 Market value per Share, beginning of period $ 154.67 $ 164.22 $ 177.12 Market value per Share, end of period $ 171.45 $ 154.67 $ 164.22 Ratio to average net assets Net investment loss (0.40 )% (0.40 )% (0.40 )% Gross expenses 0.40 % 0.40 % 0.40 % Net expenses 0.40 % 0.40 % 0.40 % Total Return, at net asset value 11.45 % (4.46 )% (8.01 )% Total Return, at market value 10.85 % (5.82 )% (7.28 )%

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Accounting	2.1. Basis of Accounting For accounting purposes only, the Trust is an investment company and, therefore, applies the specialized accounting and reporting guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services—Investment Companies. The Trust is not registered as an investment company under the Investment Company Act of 1940, as amended.
Fair Value Measurement	2.2. Fair Value Measurement FASB Accounting Standards Codification Topic 820, Fair Value Measurements and Disclosures, provides a single definition of fair value, a hierarchy for measuring fair value and expanded disclosures about fair value adjustments. The Trust does not hold any derivative instruments, and its assets only consist of allocated gold bullion and, from time to time, (i) gold receivable, representing gold covered by contractually binding orders for the creation of Shares where the gold has not yet been transferred to the Trust’s account and (ii) cash, which is used to pay expenses. U.S. GAAP defines fair value as the price the Trust would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. The Trust’s policy is to value its investments at fair value. Various inputs are used in determining the fair value of assets and liabilities. Inputs may be based on independent market data (“observable inputs”) or they may be internally developed (“unobservable inputs”). These inputs are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes. The level of a value determined for an asset or liability within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement in its entirety. The three levels of the fair value hierarchy are as follows: Level 1 – Unadjusted quoted prices in active markets for identical assets or liabilities; Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly or indirectly, including quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not considered to be active, inputs other than quoted prices that are observable for the asset or liability and inputs that are derived principally from or corroborated by observable market data by correlation or other means; and Level 3 – Inputs that are unobservable for the asset or liability, including the Trust’s assumptions used in determining the fair value of investments. The following table summarizes the Trust’s investments at fair value: (Amounts in 000’s of US$) September 30, 2023 Level 1 Level 2 Level 3 Investment in Gold $ 52,539,161 $ — $ — Total $ 52,539,161 $ — $ — (Amounts in 000’s of US$) September 30, 2022 Level 1 Level 2 Level 3 Investment in Gold $ 50,693,257 $ — $ — Total $ 50,693,257 $ — $ — There were no transfers between Level 1 and other Levels for the years ended September 30, 2023 and 2022. The Trustee values the gold held by the Trust on the basis of the price of an ounce of gold as determined by the ICE Benchmark Administration Limited (“IBA”), a benchmark administrator, which provides an independently administered auction process as well as the overall administration and governance for the London Bullion Market Association (“LBMA”). In determining the net asset value (“NAV”) of the Trust, the Trustee values the gold held by the Trust on the basis of the price of an ounce of gold determined by the IBA 3:00 PM auction process (“LBMA Gold Price PM”), which is an electronic auction, with the imbalance calculated, and the price adjusted in rounds (30 seconds in duration). The auction runs twice daily at 10:30 AM and 3:00 PM London time. The Trustee determines the NAV of the Trust on each day the NYSE Arca is open for regular trading, at the earlier of the LBMA Gold Price PM for the day or 12:00 PM New York time. If no LBMA Gold Price is made on a particular evaluation day or if the LBMA Gold Price has not been announced by 12:00 PM New York time on a particular evaluation day, the next most recent LBMA Gold Price (AM or PM) is used in the determination of the NAV of the Trust, unless the Trustee, in consultation with the Sponsor, determines that such a price is inappropriate to use as the basis for such determination.
Custody of Gold	2.3. Custody of Gold Gold is held by the Custodians on behalf of the Trust, 100% of which is allocated gold in the form of good delivery gold bars. A current list of all gold held by the Custodians, including any held with a subcustodian, is available on the Sponsor’s website at www.spdrgoldshares.com.
Gold Receivable	2.4. Gold Receivable Gold receivable represents the quantity of gold covered by contractually binding orders for the creation of Shares where the gold has not yet been transferred to the Trust’s account. Generally, ownership of the gold is transferred within two (Amounts in 000 s of US$) Sep-30, 2023 Sep-30, 2022 Gold receivable $ — $ —
Gold Payable	2.5. Gold Payable Gold payable represents the quantity of gold covered by contractually binding orders for the redemption of Shares where the gold has not yet been transferred out of the Trust’s account. Generally, ownership of the gold is transferred within two (Amounts in 000’s of US$) Sep-30, 2023 Sep-30, 2022 Gold payable $ — $ 185,723
Creations and Redemptions of Shares	2.6. Creations and Redemptions of Shares The Trust creates and redeems Shares from time to time, but only in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (“Authorized Participants”) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of the number of Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received. As the Shares of the Trust are redeemable in Baskets at the option of the Authorized Participants, the Trust has classified the Shares as Net Assets for financial reporting purposes. Activity in the number and value of Shares created and redeemed for the years ended September 30, 2023, 2022 and 2021 are as follows: Year Ended Year Ended Year Ended (Amounts are in 000’s) Sep-30, 2023 Sep-30, 2022 Sep-30, 2021 Activity in Number of Shares Created and Redeemed: Creations 65,000 97,800 67,500 Redemptions (86,600 ) (113,800 ) (161,600 ) Net Change in Number of Shares Created and Redeemed (21,600 ) (16,000 ) (94,100 ) Year Ended Year Ended Year Ended (Amounts in 000’s of US$) Sep-30, 2023 Sep-30, 2022 Sep-30, 2021 Activity in Value of Shares Created and Redeemed: Creations $ 11,487,838 $ 17,115,534 $ 11,694,069 Redemptions (15,005,217 ) (19,135,818 ) (27,444,877 ) Net change in Value of Shares Created and Redeemed $ (3,517,379 ) $ (2,020,284 ) $ (15,750,808 )
Income and Expense	2.7. Income and Expense (Amounts in 000 s of US$) The Trustee will, at the direction of the Sponsor or in its own discretion, sell the Trust’s gold as necessary to pay the Trust’s expenses. When selling gold to pay expenses, the Trustee will endeavor to sell the smallest amount of gold needed to pay expenses in order to minimize the Trust’s holdings of assets other than gold. Unless otherwise directed by the Sponsor, the Trustee will sell gold to the Custodians at the next LBMA Gold Price PM following the sale order. A gain or loss is recognized based on the difference between the selling price and the average cost of the gold sold, and such amounts are reported as net realized gain/(loss) from investment in gold sold to pay expenses on the Statements of Operations. The Trust’s net realized and change in unrealized gain/(loss) on investment in gold for the year ended September 30, 2023 of $5,769,797 is made up of a realized gain of $26,600 from the sale of gold to pay expenses, a realized gain of $1,717,329 from gold distributed for the redemption of Shares, and a change in unrealized gain/(loss) of $4,025,868 on investment in gold. The Trust’s net realized and change in unrealized gain/(loss) on investment in gold for the year ended September 30, 2022 of $(2,706,033) is made up of a realized gain of $30,323 from the sale of gold to pay expenses, a realized gain of $2,091,493 from gold distributed for the redemption of Shares, and a change in unrealized gain/(loss) of $(4,827,849) on investment in gold.
Income Taxes	2.8. Income Taxes The Trust is classified as a “grantor trust” for U.S. federal income tax purposes. As a result, the Trust itself will not be subject to U.S. federal income tax. Instead, the Trust’s income and expenses will “flow through” to the Shareholders, and the Trustee will report the Trust’s proceeds, income, deductions, gains, and losses to the Internal Revenue Service on that basis. The Sponsor of the Trust has evaluated whether or not there are uncertain tax positions that require financial statement recognition and has determined that no reserves for uncertain tax positions are required as of September 30, 2023 or 2022. The Sponsor evaluates tax positions taken or expected to be taken in the course of its tax treatment, and its tax reporting to its shareholders, of these positions to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet that threshold would be recorded as an expense in the current year. The Trust is required to analyze all open tax years. Open tax years are those years that are open for examination by the relevant income taxing authority. As of September 30, 2023, the 2022, 2021, and 2020 tax years remain open for examination. There were no examinations in progress at period end.

Note 2 - Significant Accounti_2

Note 2 - Significant Accounting Policies (Tables)	12 Months Ended
	Sep. 30, 2023
Notes Tables
Summary of Trust's Investments at Fair Value	The following table summarizes the Trust’s investments at fair value: (Amounts in 000’s of US$) September 30, 2023 Level 1 Level 2 Level 3 Investment in Gold $ 52,539,161 $ — $ — Total $ 52,539,161 $ — $ — (Amounts in 000’s of US$) September 30, 2022 Level 1 Level 2 Level 3 Investment in Gold $ 50,693,257 $ — $ — Total $ 50,693,257 $ — $ —
Gold Receivable	Gold receivable represents the quantity of gold covered by contractually binding orders for the creation of Shares where the gold has not yet been transferred to the Trust’s account. Generally, ownership of the gold is transferred within two (Amounts in 000 s of US$) Sep-30, 2023 Sep-30, 2022 Gold receivable $ — $ —
Gold Payable	Gold payable represents the quantity of gold covered by contractually binding orders for the redemption of Shares where the gold has not yet been transferred out of the Trust’s account. Generally, ownership of the gold is transferred within two (Amounts in 000’s of US$) Sep-30, 2023 Sep-30, 2022 Gold payable $ — $ 185,723
Creations and Redemptions of Shares	Activity in the number and value of Shares created and redeemed for the years ended September 30, 2023, 2022 and 2021 are as follows: Year Ended Year Ended Year Ended (Amounts are in 000’s) Sep-30, 2023 Sep-30, 2022 Sep-30, 2021 Activity in Number of Shares Created and Redeemed: Creations 65,000 97,800 67,500 Redemptions (86,600 ) (113,800 ) (161,600 ) Net Change in Number of Shares Created and Redeemed (21,600 ) (16,000 ) (94,100 ) Year Ended Year Ended Year Ended (Amounts in 000’s of US$) Sep-30, 2023 Sep-30, 2022 Sep-30, 2021 Activity in Value of Shares Created and Redeemed: Creations $ 11,487,838 $ 17,115,534 $ 11,694,069 Redemptions (15,005,217 ) (19,135,818 ) (27,444,877 ) Net change in Value of Shares Created and Redeemed $ (3,517,379 ) $ (2,020,284 ) $ (15,750,808 )

Note 3 - Quarterly Statements_2

Note 3 - Quarterly Statements of Operations (Tables)	12 Months Ended
	Sep. 30, 2023
Notes Tables
Quarterly Statements of Operations	Year Ended September 30, 2023 Three Months Ended (unaudited) Year Ended (Amounts in 000’s of US$, except per share data) Dec 31, 2022 Mar 31, 2023 Jun 30, 2023 Sep 30, 2023 Sep 30, 2023 EXPENSES Sponsor fees $ 51,496 $ 54,875 $ 59,093 $ 56,145 $ 221,609 Total expenses 51,496 54,875 59,093 56,145 221,609 Net investment loss (51,496 ) (54,875 ) (59,093 ) (56,145 ) (221,609 ) Net realized and change in unrealized gain/(loss) on investment in gold Net realized gain/(loss) from investment in gold sold to pay expenses 2,693 6,534 9,804 7,569 26,600 Net realized gain/(loss) from gold distributed for the redemption of shares 175,717 312,163 674,988 554,461 1,717,329 Net change in unrealized gain/(loss) on investment in gold 3,903,862 4,559,082 (2,708,536 ) (1,728,540 ) 4,025,868 Net realized and change in unrealized gain/(loss) on investment in gold 4,082,272 4,877,779 (2,023,744 ) (1,166,510 ) 5,769,797 Net income/(loss) $ 4,030,776 $ 4,822,904 $ (2,082,837 ) $ (1,222,655 ) $ 5,548,188 Net income/(loss) per share $ 12.70 $ 15.21 $ (6.46 ) $ (3.93 ) $ 17.50 Weighted average number of shares (in 000’s) 317,265 317,031 322,625 310,962 316,955 Year Ended September 30, 2022 Three Months Ended (unaudited) Year Ended (Amounts in 000’s of US$, except per share data) Dec 31, 2021 Mar 31, 2022 Jun 30, 2022 Sep 30, 2022 Sep 30, 2022 EXPENSES Sponsor fees $ 57,105 $ 61,058 $ 64,772 $ 55,562 $ 238,497 Total expenses 57,105 61,058 64,772 55,562 238,497 Net investment loss (57,105 ) (61,058 ) (64,772 ) (55,562 ) (238,497 ) Net realized and change in unrealized gain/(loss) on investment in gold Net realized gain/(loss) from investment in gold sold to pay expenses 7,317 8,878 9,851 4,277 30,323 Net realized gain/(loss) from gold distributed for the redemption of shares 302,742 440,331 924,875 423,545 2,091,493 Net change in unrealized gain/(loss) on investment in gold 2,093,694 3,535,070 (5,329,581 ) (5,127,032 ) (4,827,849 ) Net realized and change in unrealized gain/(loss) on investment in gold 2,403,753 3,984,279 (4,394,855 ) (4,699,210 ) (2,706,033 ) Net income/(loss) $ 2,346,648 $ 3,923,221 $ (4,459,627 ) $ (4,754,772 ) $ (2,944,530 ) Net income/(loss) per share $ 6.95 $ 11.09 $ (12.01 ) $ (13.93 ) $ (8.39 ) Weighted average number of shares (in 000’s) 337,516 353,898 371,198 341,353 350,920

Note 7 - Financial Highlights (

Note 7 - Financial Highlights (Tables)	12 Months Ended
	Sep. 30, 2023
Notes Tables
Summary of Financial Highlights	Year Ended Year Ended Year Ended Sep-30, 2023 Sep-30, 2022 Sep-30, 2021 Net Asset Value Net asset value per Share, beginning of period $ 155.69 $ 162.96 $ 177.15 Net investment income/(loss) (0.70 ) (0.68 ) (0.68 ) Net Realized and Change in Unrealized Gain/(Loss) 18.52 (6.59 ) (13.51 ) Net Income/(Loss) 17.82 (7.27 ) (14.19 ) Net asset value per Share, end of period $ 173.51 $ 155.69 $ 162.96 Market value per Share, beginning of period $ 154.67 $ 164.22 $ 177.12 Market value per Share, end of period $ 171.45 $ 154.67 $ 164.22 Ratio to average net assets Net investment loss (0.40 )% (0.40 )% (0.40 )% Gross expenses 0.40 % 0.40 % 0.40 % Net expenses 0.40 % 0.40 % 0.40 % Total Return, at net asset value 11.45 % (4.46 )% (8.01 )% Total Return, at market value 10.85 % (5.82 )% (7.28 )%

Note 1 - Organization (Details

Note 1 - Organization (Details Textual)	12 Months Ended
	Sep. 30, 2023 shares
Minimum Block of Shares Issued Redeemed Against Gold	100,000
Trust Formation Date	Nov. 12, 2004

Note 2 - Significant Accounti_3

Note 2 - Significant Accounting Policies (Details Textual)	3 Months Ended								12 Months Ended
	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2023 USD ($) shares	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)
Fair Value Assets and Liabilities, Transfers Between Level One, Level Two and Level Three									$ 0	$ 0
Percentage of Gold Held as Good Delivery Gold Bars	100%								100%
Maximum Number of Business Days to Transfer Ownership of Gold									2 days
Minimum Block of Shares Issued Redeemed Against Gold | shares									100,000
Gain (Loss) on Investments	$ (1,166,510,000)	$ (2,023,744,000)	$ 4,877,779,000	$ 4,082,272,000	$ (4,699,210,000)	$ (4,394,855,000)	$ 3,984,279,000	$ 2,403,753,000	$ 5,769,797,000	(2,706,033,000)	$ (5,488,874,000)
Gain (Loss) on Sale of Trust Assets to Pay Expenses	7,569,000	9,804,000	6,534,000	2,693,000	4,277,000	9,851,000	8,878,000	7,317,000	26,600,000	30,323,000	43,413,000
Net Realized Gain Loss From Gold Distributed For The Redemption Of Shares	554,461,000	674,988,000	312,163,000	175,717,000	423,545,000	924,875,000	440,331,000	302,742,000	1,717,329,000	2,091,493,000	4,455,284,000
Unrealized Gain (Loss) on Investments	(1,728,540,000)	$ (2,708,536,000)	$ 4,559,082,000	$ 3,903,862,000	(5,127,032,000)	$ (5,329,581,000)	$ 3,535,070,000	$ 2,093,694,000	4,025,868,000	(4,827,849,000)	$ (9,987,571,000)
Liability for Uncertainty in Income Taxes, Current	$ 0				$ 0				$ 0	$ 0
Income Tax Examination, Description									There were no examinations in progress at period end
Number of Income Tax Examinations In Progress									0

Note 2 - Significant Accounti_4

Note 2 - Significant Accounting Policies - Summary of Investments at Fair Value (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Investment in Gold	$ 52,539,161	$ 50,693,257
Fair Value, Inputs, Level 1 [Member]
Investment in Gold	52,539,161	50,693,257
Fair Value, Inputs, Level 2 [Member]
Investment in Gold	0	0
Fair Value, Inputs, Level 3 [Member]
Investment in Gold	0	0
Investment in Gold [Member] | Fair Value, Inputs, Level 1 [Member]
Investment in Gold	52,539,161	50,693,257
Investment in Gold [Member] | Fair Value, Inputs, Level 2 [Member]
Investment in Gold	0	0
Investment in Gold [Member] | Fair Value, Inputs, Level 3 [Member]
Investment in Gold	$ 0	$ 0

Note 2 - Significant Accounti_5

Note 2 - Significant Accounting Policies - Gold Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Gold receivable	$ 0	$ 0

Note 2 - Significant Accounti_6

Note 2 - Significant Accounting Policies - Gold Payable (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Sep. 30, 2022
Gold payable	$ 0	$ 185,723

Note 2 - Significant Accounti_7

Note 2 - Significant Accounting Policies - Activity in Number and Value of Shares Created and Redeemed (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Activity in Number of Shares Created and Redeemed:
Creations	65,000,000	97,800,000	67,500,000
Redemptions	(86,600,000)	(113,800,000)	(161,600,000)
Net Change in Number of Shares Created and Redeemed	(21,600,000)	(16,000,000)	(94,100,000)
Activity in Value of Shares Created and Redeemed:
Creations	$ 11,487,838	$ 17,115,534	$ 11,694,069
Redemptions	(15,005,217)	(19,135,818)	(27,444,877)
Net change in Value of Shares Created and Redeemed	$ (3,517,379)	$ (2,020,284)	$ (15,750,808)

Note 3 - Quarterly Statements_3

Note 3 - Quarterly Statements of Operations - Quarterly Statements of Operations (Unaudited) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
EXPENSES
Sponsor fees	$ 56,145	$ 59,093	$ 54,875	$ 51,496	$ 55,562	$ 64,772	$ 61,058	$ 57,105	$ 221,609	$ 238,497	$ 257,595
Total expenses	56,145	59,093	54,875	51,496	55,562	64,772	61,058	57,105	221,609	238,497	257,595
Net investment loss	(56,145)	(59,093)	(54,875)	(51,496)	(55,562)	(64,772)	(61,058)	(57,105)	(221,609)	(238,497)	(257,595)
Net realized and change in unrealized gain/(loss) on investment in gold
Net realized gain/(loss) from investment in gold sold to pay expenses	7,569	9,804	6,534	2,693	4,277	9,851	8,878	7,317	26,600	30,323	43,413
Net realized gain/(loss) from gold distributed for the redemption of shares	554,461	674,988	312,163	175,717	423,545	924,875	440,331	302,742	1,717,329	2,091,493	4,455,284
Net change in unrealized gain/(loss) on investment in gold	(1,728,540)	(2,708,536)	4,559,082	3,903,862	(5,127,032)	(5,329,581)	3,535,070	2,093,694	4,025,868	(4,827,849)	(9,987,571)
Net realized and change in unrealized gain/(loss) on investment in gold	(1,166,510)	(2,023,744)	4,877,779	4,082,272	(4,699,210)	(4,394,855)	3,984,279	2,403,753	5,769,797	(2,706,033)	(5,488,874)
Net income/(loss)	$ (1,222,655)	$ (2,082,837)	$ 4,822,904	$ 4,030,776	$ (4,754,772)	$ (4,459,627)	$ 3,923,221	$ 2,346,648	$ 5,548,188	$ (2,944,530)	$ (5,746,469)
Net income/(loss) per share	$ (3.93)	$ (6.46)	$ 15.21	$ 12.7	$ (13.93)	$ (12.01)	$ 11.09	$ 6.95	$ 17.5	$ (8.39)	$ (15.25)
Weighted average number of shares (in 000’s) (in shares)	310,962	322,625	317,031	317,265	341,353	371,198	353,898	337,516	316,955	350,920	376,931

Note 4 - Related Parties - Sp_2

Note 4 - Related Parties - Sponsor and Trustee (Details Textual)	12 Months Ended
	Sep. 30, 2023
Sponsor [Member]
Related Party, Fees Payable at Annual Rate	0.40%

Note 7 - Financial Highlights -

Note 7 - Financial Highlights - Summary of Financial Highlights (Details) - $ / shares	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Net Asset Value
Net asset value per Share, beginning of period	$ 155.69	$ 162.96	$ 177.15
Net investment income/(loss)	(0.7)	(0.68)	(0.68)
Net Realized and Change in Unrealized Gain/(Loss)	18.52	(6.59)	(13.51)
Net Income/(Loss)	17.82	(7.27)	(14.19)
Net asset value per Share, end of period	173.51	155.69	162.96
Market value per Share, beginning of period	154.67	164.22	177.12
Market value per Share, end of period	$ 171.45	$ 154.67	$ 164.22
Ratio to average net assets
Net investment loss	(0.40%)	(0.40%)	(0.40%)
Gross expenses	0.40%	0.40%	0.40%
Net expenses	0.40%	0.40%	0.40%
Total Return, at net asset value	11.45%	(4.46%)	(8.01%)
Total Return, at market value	10.85%	(5.82%)	(7.28%)