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Statements of Operations (USD $)
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
REVENUES    
Value of palladium transferred to pay expenses $ 4,443,481 $ 1,908,675 [1]
Cost of palladiuum transferred to pay expenses (3,442,403) (1,717,835) [1]
Gain on palladium transferred to pay expenses 1,001,078 190,840 [1]
Gain on palladium distributed for the redemption of Shares 86,833,331 14,824,033 [1]
Total gain on palladium 87,834,409 15,014,873 [1]
EXPENSES    
Sponsor’s fee 4,203,724 2,350,928 [1]
Total expenses 4,203,724 2,350,928 [1]
Net gain from operations $ 83,630,685 $ 12,663,945 [1]
Net gain per Share (in Dollars per share) $ 8.87 $ 1.80 [1]
Weighted average number of Shares (in Shares) 9,432,740 7,032,877 [1]
[1] Date of Inception.