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Condensed Statements of Operations (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
REVENUES
Value of palladium transferred to pay expenses	$ 1,148,249	$ 550,980	$ 3,704,833	$ 1,159,494
Cost of palladium transferred to pay expenses	(884,567)	(544,830)	(2,773,462)	(1,118,869)
Gain on palladium transferred to pay expenses	263,682	6,150	931,371	40,625
Gain on palladium distributed for the redemption of Shares	31,588,619	3,534,206	85,328,082	4,678,808
Unrealized gain on palladium	0	14,802,112	0	0
Total gain on palladium	31,852,301	18,342,468	86,259,453	4,719,433
EXPENSES
Sponsor’s Fee	1,037,809	564,314	3,532,504	1,355,068
Total expenses	1,037,809	564,314	3,532,504	1,355,068
Net gain from operations	$ 30,814,492	$ 17,778,154	$ 82,726,949	$ 3,364,365
Net gain per Share (in Dollars per share)	$ 3.26	$ 2.35	$ 7.97	$ 0.54
Weighted average number of Shares (in Shares)	9,453,804	7,567,935	10,382,234	6,236,081

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