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Changes in ounces of palladium and their respective values for the three and nine months ended September 30, 2024 and 2023 are set out below: (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
USD ($)
oz
Sep. 30, 2023
USD ($)
oz
Sep. 30, 2024
USD ($)
oz
Sep. 30, 2023
USD ($)
oz
Accounting Policies [Abstract]        
Opening balance | oz 292,303.9 184,510.3 193,152.2 166,556.4
Creations | oz 19,468.1 159,426.9 39,271.0
Redemptions | oz (40,062.1) (4,608.7) (80,197.9) (25,394.5)
Transfers of palladium to pay expenses | oz (449.9) (276.2) (1,121.2) (807.5)
Closing balance | oz 271,260.0 179,625.4 271,260.0 179,625.4
Opening balance $ 284,119 $ 231,376 $ 219,421 $ 295,638
Creations 18,116 154,581 59,238
Redemptions (41,427) (5,931) (80,896) (38,409)
Realized (loss) on palladium distributed for the redemption of Shares (16,344) (2,863) (39,647) (10,747)
Transfers of palladium to pay expenses (423) (356) (1,099) (1,191)
Realized (loss) / gain on palladium transferred to pay expenses (229) (171) (670) (369)
Change in unrealized gain / (loss) on investment in palladium 26,905 9,482 19,027 (72,623)
Closing balance $ 270,717 $ 231,537 $ 270,717 $ 231,537