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Changes in ounces of palladium and their respective values for the three and nine months ended September 30, 2023 and 2022 are set out below: (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
oz
Sep. 30, 2022
USD ($)
oz
Sep. 30, 2023
USD ($)
oz
Sep. 30, 2022
USD ($)
oz
Accounting Policies [Abstract]        
Opening balance | oz 184,510.3 176,345.5 166,556.4 181,531.1
Creations | oz 39,271.0 39,500.4
Redemptions | oz (4,608.7) (13,906.7) (25,394.5) (58,033.8)
Transfers of palladium to pay expenses | oz (276.2) (263.3) (807.5) (822.2)
Closing balance | oz 179,625.4 162,175.5 179,625.4 162,175.5
Opening balance $ 231,376 $ 332,940 $ 295,638 $ 358,161
Creations 59,238 112,111
Redemptions (5,931) (28,815) (38,409) (120,921)
Realized (loss) / gain on palladium distributed for the redemption of Shares (2,863) 575 (10,747) 5,320
Transfers of palladium to pay expenses (356) (529) (1,191) (1,773)
Realized (loss) / gain on palladium transferred to pay expenses (171) (6) (369) 151
Change in unrealized (loss) / gain on investment in palladium 9,482 54,891 (72,623) 6,007
Closing balance $ 231,537 $ 359,056 $ 231,537 $ 359,056