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Changes in ounces of palladium and their respective values for the three months ended March 31, 2021 and 2020 are set out below: (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2021
USD ($)
oz
Mar. 31, 2020
USD ($)
oz
Accounting Policies [Abstract]    
Opening balance | oz 152,187.5 157,815.0
Creations | oz 11,688.4 23,524.8
Redemptions | oz (9,348.2) (49,385.6)
Transfers of palladium to pay expenses | oz (227.4) (239.7)
Closing balance | oz 154,300.3 131,714.5
Opening balance $ 356,424 $ 300,638
Creations 28,524 53,808
Redemptions (23,814) (98,257)
Realized gain on palladium distributed for the redemption of Shares 9,510 39,238
Transfers of palladium to pay expenses (537) (531)
Realized gain on palladium transferred to pay expenses 199 258
Change in unrealized gain on investment in palladium 34,733 8,711
Closing balance $ 405,039 $ 303,865