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Changes in ounces of palladium and their respective values for the years ended December 31, 2023 and 2022 are set out below: (Details) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2023 USD ($) oz | Dec. 31, 2022 USD ($) oz | Dec. 31, 2021 USD ($) oz
Accounting Policies [Abstract] |  |  |
Opening balance | oz | 166,556.4 | 181,531.1 |
Creations | oz | 53,072.5 | 58,004.8 |
Redemptions | oz | (25,394.5) | (71,914.8) |
Transfers of palladium to pay expenses | oz | (1,082.2) | (1,064.7) |
Closing balance | oz | 193,152.2 | 166,556.4 | 181,531.1
Opening balance | $ 295,638 | $ 358,161 |
Creations | 73,610 | 145,623 |
Redemptions | (38,410) | (147,622) |
Realized (loss) / gain on palladium distributed for the redemption of Shares | (10,746) | 3,889 | $ 37,317
Transfers of palladium to pay expenses | (1,499) | (2,270) |
Realized gain on palladium transferred to pay expenses | (579) | 155 | 743
Change in unrealized (loss) on investment in palladium | (98,593) | (62,298) | (108,531)
Closing balance | $ 219,421 | $ 295,638 | $ 358,161

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- Definition Ounces of bullion received into the Trust's account in respect of creations. + References No definition available. + Details
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- Definition Realized gain or loss during the period on bullion distributed for the redemption of Shares. Realized gains or losses are calculated on a trade date basis using average cost. + References No definition available. + Details
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