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Changes in ounces of palladium and their respective values for the three and six months ended June 30, 2023 and 2022 are set out below: (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
oz
Jun. 30, 2022
USD ($)
oz
Jun. 30, 2023
USD ($)
oz
Jun. 30, 2022
USD ($)
oz
Accounting Policies [Abstract]        
Opening balance | oz 184,792.5 204,493.3 166,556.4 181,531.1
Creations | oz 4,613.3 39,271.0 39,500.4
Redemptions | oz (4,616.1) (27,853.8) (20,785.8) (44,127.3)
Transfers of palladium to pay expenses | oz (279.4) (294.0) (531.3) (558.7)
Closing balance | oz 184,510.3 176,345.5 184,510.3 176,345.5
Opening balance $ 275,341 $ 461,951 $ 295,638 $ 358,161
Creations 6,507 59,238 112,111
Redemptions (7,515) (57,001) (32,479) (92,106)
Realized (loss) / gain on palladium distributed for the redemption of Shares (1,352) 439 (7,885) 4,745
Transfers of palladium to pay expenses (411) (688) (834) (1,244)
Realized (loss) / gain on palladium transferred to pay expenses (125) 91 (198) 156
Change in unrealized (loss) on investment in palladium (41,069) (70,791) (82,104) (48,883)
Change in unrealized gain on unsettled creations or redemptions (1,061)
Closing balance $ 231,376 $ 332,940 $ 231,376 $ 332,940