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Changes in ounces of palladium and their respective values for the three months ended March 31, 2022 and 2021 are set out below: (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2022
USD ($)
oz
Mar. 31, 2021
USD ($)
oz
Accounting Policies [Abstract]    
Opening balance | oz 181,531.1 152,187.5
Creations | oz 39,500.4 11,688.4
Redemptions | oz (16,273.3) (9,348.2)
Transfers of palladium to pay expenses | oz (264.9) (227.4)
Closing balance | oz 204,493.3 154,300.3
Opening balance $ 358,161 $ 356,424
Creations 112,112 28,524
Redemptions (35,105) (23,814)
Realized gain on palladium distributed for the redemption of Shares 4,305 9,510
Transfers of palladium to pay expenses (556) (537)
Realized gain on palladium transferred to pay expenses 65 199
Change in unrealized gain on investment in palladium 21,908 34,733
Change in unrealized gain on unsettled creations or redemptions 1,061
Closing balance $ 461,951 $ 405,039