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Changes in ounces of palladium and their respective values for the years ended December 31, 2022 and 2021 are set out below: (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
oz
Dec. 31, 2021
USD ($)
oz
Dec. 31, 2020
USD ($)
oz
Accounting Policies [Abstract]      
Opening balance | oz 181,531.1 152,187.5  
Creations | oz 58,004.8 83,977.6  
Redemptions | oz (71,914.8) (53,626.6)  
Transfers of palladium to pay expenses | oz (1,064.7) (1,007.4)  
Closing balance | oz 166,556.4 181,531.1 152,187.5
Opening balance $ 358,161 $ 356,424  
Creations 145,623 205,730  
Redemptions (147,622) (131,079)  
Realized gain on palladium distributed for the redemption of Shares 3,889 37,317 $ 60,188
Transfers of palladium to pay expenses (2,270) (2,443)  
Realized gain on palladium transferred to pay expenses 155 743 773
Change in unrealized (loss) on investment in palladium (62,298) (108,531) 1,660
Closing balance $ 295,638 $ 358,161 $ 356,424