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Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
The categorization of the Trust’s assets is as shown below:

The categorization of the Trust’s assets is as shown below:

 

(Amounts in 000’s of US$)  September 30,
2022		   December 31,
2021		 
         
Level 1          
Investment in palladium  $359,056   $358,161 
Changes in ounces of palladium and their respective values for the three and nine months ended September 30, 2022 and 2021 are set out below:

Changes in ounces of palladium and their respective values for the three and nine months ended September 30, 2022 and 2021 are set out below:

 

   Three Months Ended
September 30, 2022		   Three Months Ended
September 30, 2021		 
(Amounts in 000’s of US$, except for ounces data)          
Ounces of palladium          
Opening balance   176,345.5    182,072.1 
Creations   —    23,312.9 
Redemptions   (13,906.7)   (32,637.3)
Transfers of palladium to pay expenses   (263.3)   (269.0)
Closing balance   162,175.5    172,478.7 
           
Investment in palladium          
Opening balance  $332,940   $492,870 
Creations   —    57,616 
Redemptions   (28,815)   (83,187)
Realized gain on palladium distributed for the redemption of Shares   575    24,682 
Transfers of palladium to pay expenses   (529)   (716)
Realized (loss) / gain on palladium transferred to pay expenses   (6)   236 
Change in unrealized gain / (loss) on investment in palladium   54,891    (163,964)
Closing balance  $359,056   $327,537 

 

 

   Nine Months
Ended
September 30, 2022		   Nine Months
Ended
September 30, 2021		 
(Amounts in 000’s of US$, except for ounces data)          
Ounces of palladium          
Opening balance   181,531.1    152,187.5 
Creations   39,500.4    65,351.4 
Redemptions   (58,033.8)   (44,320.8)
Transfers of palladium to pay expenses   (822.2)   (739.4)
Closing balance   162,175.5    172,478.7 
           
Investment in palladium          
Opening balance  $358,161   $356,424 
Creations   112,111    169,308 
Redemptions   (120,921)   (114,007)
Realized gain on palladium distributed for the redemption of Shares   5,320    37,389 
Transfers of palladium to pay expenses   (1,773)   (1,911)
Realized gain on palladium transferred to pay expenses   151    704 
Change in unrealized gain / (loss) on investment in palladium   6,007    (120,370)
Closing balance  $359,056   $327,537