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Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
EXPENSES        
Sponsor's Fee $ 524,002 $ 771,352 $ 1,072,388 $ 1,524,910
Total expenses 524,000 771,000 1,072,000 1,525,000
Net investment loss (524,000) (771,000) (1,072,000) (1,525,000)
REALIZED AND UNREALIZED GAINS / (LOSSES)        
Realized gain on palladium transferred to pay expenses 89,000 141,000 191,000 223,000
Realized gain on palladium distributed for the redemption of Shares 1,099,000 2,742,000 8,554,000 10,737,000
Change in unrealized (loss) / gain on investment in palladium (24,328,000) 38,583,000 (64,003,000) 74,875,000
Total (loss) / gain on palladium (23,140,000) 41,466,000 (55,258,000) 85,835,000
Change in net assets from operations $ (23,664,000) $ 40,695,000 $ (56,330,000) $ 84,310,000
Net (decrease) / increase in net assets per Share $ (5.01) $ 6.31 $ (11.62) $ 12.57
Weighted average number of Shares (in Shares) 4,722,527 6,453,846 4,845,856 6,708,564