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Changes in ounces of palladium and their respective values for the three months ended March 31, 2024 and 2023 are set out below: (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2024
USD ($)
oz
Mar. 31, 2023
USD ($)
oz
Accounting Policies [Abstract]    
Opening balance | oz 193,152.2 166,556.4
Creations | oz 43,643.4 34,657.7
Redemptions | oz (16,072.6) (16,169.7)
Transfers of palladium to pay expenses | oz (308.7) (251.9)
Closing balance | oz 220,414.3 184,792.5
Opening balance $ 219,421 $ 295,638
Creations 41,486 52,731
Redemptions (15,623) (24,964)
Realized (loss) on palladium distributed for the redemption of Shares (11,719) (6,533)
Transfers of palladium to pay expenses (314) (423)
Realized (loss) on palladium transferred to pay expenses (228) (73)
Change in unrealized (loss) on investment in palladium (8,862) (41,035)
Closing balance $ 224,161 $ 275,341