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Changes in ounces of palladium and their respective values for the three and nine months ended September 30, 2020 and 2019 are set out below: (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
oz
Sep. 30, 2019
USD ($)
oz
Sep. 30, 2020
USD ($)
oz
Sep. 30, 2019
USD ($)
oz
Accounting Policies [Abstract]        
Opening balance | oz 138,553.8 137,029.7 157,815.0 146,915.9
Creations | oz 32,845.0 4,718.2 70,459.7 37,852.4
Redemptions | oz (2,344.2) (7,079.3) (58,777.0) (49,633.9)
Transfers of palladium to pay expenses | oz (226.4) (205.2) (669.5) (671.0)
Closing balance | oz 168,828.2 134,463.4 168,828.2 134,463.4
Opening balance $ 263,945 $ 208,833 $ 300,638 $ 185,555
Creations 69,945 7,153 150,950 55,466
Redemptions (5,352) (11,080) (117,250) (69,366)
Realized gain on palladium distributed for the redemption of Shares 5,940 4,696 49,825 25,292
Transfers of palladium to pay expenses (463) (304) (1,411) (948)
Realized gain on palladium transferred to pay expenses 145 120 563 365
Change in unrealized gain on investment in palladium 60,054 15,673 10,899 28,727
Closing balance $ 394,214 $ 225,091 $ 394,214 $ 225,091