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Significant Accounting Policies (Schedule Of Investment In Palladium) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2014
oz
Mar. 31, 2013
oz
Dec. 31, 2013
oz
Jan. 02, 2014
Significant Accounting Policies [Abstract]        
Opening balance (in Ounces) 717,967.6 712,474.5 712,474.5  
Creations (in Ounces) 14,624.4   196,033.9  
Redemptions (in Ounces) (87,794.8)   (185,992.9)  
Transfers of palladium to pay expenses (in Ounces) (1,049.6)   (4,547.9)  
Closing balance (in Ounces) 643,747.6   717,967.6  
Investment in palladium, fair value, Opening balance $ 510,475     $ 510,475
Investment in palladium, lower of cost or market value, Opening balance 463,598 [1],[2] 445,038 445,038  
Creations 11,436 47,922 [3] 140,584  
Redemptions (56,689)   (119,120)  
Transfers of palladiuim to pay expenses (678)   (2,904)  
Change in unrealized gain on investment in palladium 36,292 [4] 0 [5] 0  
Investment in palladium, fair value, closing balance 500,836 [1],[4]   510,475 510,475
Investment in palladium, lower of cost or market value, closing balance     $ 463,598 [1],[2]  
[1] At March 31, 2014, the investment in palladium is recorded at fair value. At December 31, 2013, the investment in palladium was recorded at the lower of cost or market value. Refer to note 2.1 for a breakdown of cost and fair value of the investment in palladium.
[2] Derived from audited Statement of Financial Condition as of December 31, 2013. The amounts are those previously reported under non investment company accounting. Refer to Note 2.1 for additional information.
[3] In accordance with Topic 946, Investment Companies, the Trust meets the exemption criteria to exclude a statement of cash flows. Thus one has not been presented for the period ended March 31, 2014. Refer to Note 2.1 for additional information.
[4] Effective January 1, 2014, the Trust has adopted the provisions of Topic 946, Investment Companies, and follows specialized accounting. Refer to Note 2.1 for additional information.
[5] Amounts are those previously reported under non investment company accounting. Refer to Note 2.1 for additional information.