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Statements of Assets and Liabilities (Unaudited) (Parenthetical) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Schedule of Investments [Abstract]    
Investment in palladium at cost $ 429,161 $ 356,585
Common stock, shares authorized Unlimited Unlimited
Common stock, no par value (in dollars per share) $ 0 $ 0
Common stock, shares issued 3,187,500 2,100,000
Common stock, shares outstanding 3,187,500 2,100,000
Net asset value per share (in dollars per share) $ 89.09 $ 104.43