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Financial Highlights (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Per Share Performance (for a Share outstanding throughout the entire period)    
Net asset value per Share at beginning of period $ 77.44pall_NetAssetValuePerShare $ 69.42pall_NetAssetValuePerShare
Income from investment operations:    
Net investment loss $ (0.11)pall_NetInvestmentIncomLossPerShare $ (0.11)pall_NetInvestmentIncomLossPerShare
Total realized and unrealized gains or losses on investment in palladium $ (6.69)pall_NetRealizedAndUnrealizedGainsAndLossesOnInvestmentInBullionPerShare $ 6.54pall_NetRealizedAndUnrealizedGainsAndLossesOnInvestmentInBullionPerShare
Change in net assets from operations $ (6.80)pall_ChangeInNetAssetsFromOperationsPerShare $ 6.43pall_ChangeInNetAssetsFromOperationsPerShare
Net asset value per Share at end of period $ 70.64pall_NetAssetValuePerShare $ 75.85pall_NetAssetValuePerShare
Weighted average number of shares 4,970,556us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 6,966,111us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Expense Ratio    
Annualized Sponsor's fee per Share 0.60%pall_AnnualizedRateOfSponsorsFee 0.60%pall_AnnualizedRateOfSponsorsFee
Net Investment Loss Ratio    
Annualized net investment loss ratio (0.60%)pall_AnnualizedNetInvestmentIncomeLossRatio (0.60%)pall_AnnualizedNetInvestmentIncomeLossRatio
Non-Annualized Total Return (8.78%)pall_NonAnnualizedTotalReturn 9.26%pall_NonAnnualizedTotalReturn