the years ended December 31, 2021, 2020 and 2019 Year Ended December 31, 2021 (Amounts in 000’s of US$, except for Share data) Shares Amount Opening balance at January 1, 2021 146,200,000 $ 2,652,512 Net investment loss ( 4,122 ) Realized gain on investment in gold 33,126 Change in unrealized (loss) on investment in gold ( 159,986 ) Creations 7,200,000 128,307 Redemptions ( 15,400,000 ) ( 258,605 ) Closing balance at December 31, 2021 138,000,000 $ 2,391,232 Year Ended December 31, 2020 (Amounts in 000’s of US$, except for Share data) Shares Amount Opening balance at January 1, 2020 82,000,000 $ 1,195,897 Net investment loss ( 3,641 ) Realized gain on investment in gold 31,516 Change in unrealized gain on investment in gold 335,873 Creations 76,700,000 1,296,036 Redemptions ( 12,500,000 ) ( 203,169 ) Closing balance at December 31, 2020 146,200,000 $ 2,652,512 Year Ended December 31, 2019 (Amounts in 000’s of US$, except for Share data) Shares (1) Amount Opening balance at January 1, 2019 68,500,000 $ 846,716 Net investment loss ( 1,680 ) Realized gain on investment in gold 8,695 Change in unrealized gain on investment in gold 146,664 Creations 21,300,000 297,717 Redemptions ( 7,800,000 ) ( 102,215 ) Closing balance at December 31, 2019 82,000,000 $ 1,195,897 (1) After