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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, 2015
oz
Mar. 31, 2014
oz
Dec. 31, 2014
oz
Significant Accounting Policies [Abstract]      
Opening balance (in Ounces) 514,615.5us-gaap_InvestmentOwnedBalanceOtherMeasure 717,967.6us-gaap_InvestmentOwnedBalanceOtherMeasure 717,967.6us-gaap_InvestmentOwnedBalanceOtherMeasure
Creations (in Ounces) 0.0pall_CreationsOuncesOfBullion   24,356.7pall_CreationsOuncesOfBullion
Redemptions (in Ounces) (53,343.7)pall_RedemptionsOuncesOfBullion   (223,886.6)pall_RedemptionsOuncesOfBullion
Transfers of palladium to pay expenses (in Ounces) (743.9)pall_TransfersOfBullionOunces   (3,822.2)pall_TransfersOfBullionOunces
Closing balance (in Ounces) 460,527.9us-gaap_InvestmentOwnedBalanceOtherMeasure   514,615.5us-gaap_InvestmentOwnedBalanceOtherMeasure
Investment in palladium, fair value, Opening balance $ 410,663us-gaap_InvestmentInPhysicalCommodities $ 510,475us-gaap_InvestmentInPhysicalCommodities $ 510,475us-gaap_InvestmentInPhysicalCommodities
Creations 0pall_CreationsValueOfBullion   19,757pall_CreationsValueOfBullion
Redemptions (42,233)pall_ValueOfBullionDistributedForRedemptionOfSharesExcludingBullionPayable   (174,468)pall_ValueOfBullionDistributedForRedemptionOfSharesExcludingBullionPayable
Realized gain on palladium distributed for redemption of Shares 7,455pall_RealizedGainLossOnBullionDistributedForRedemptionOfShares 7,995pall_RealizedGainLossOnBullionDistributedForRedemptionOfShares 29,111pall_RealizedGainLossOnBullionDistributedForRedemptionOfShares
Transfers of palladiuim to pay expenses (587)pall_CostOfBullionTransferredToPayExpenses   (3,031)pall_CostOfBullionTransferredToPayExpenses
Realized gain on palladium transferred to pay expenses 102us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses 82us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses 550us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses
Unrealized (loss) / gain on investment in palladium (39,675)pall_ChangeInUnrealizedGainLossOnInvestmentInBullion 36,292pall_ChangeInUnrealizedGainLossOnInvestmentInBullion 28,269pall_ChangeInUnrealizedGainLossOnInvestmentInBullion [1]
Investment in palladium, fair value, closing balance $ 335,725us-gaap_InvestmentInPhysicalCommodities   $ 410,663us-gaap_InvestmentInPhysicalCommodities
[1] 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.