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Changes in ounces of palladium and their respective values for the years ended December 31, 2024 and 2023 are set out below: (Details) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 USD ($) oz | Dec. 31, 2023 USD ($) oz | Dec. 31, 2022 USD ($) oz
Accounting Policies [Abstract] |  |  |
Opening balance | oz | 193,152.2 | 166,556.4 |
Creations | oz | 369,832.6 | 53,072.5 |
Redemptions | oz | (171,620.1) | (25,394.5) |
Transfers of palladium to pay expenses | oz | (1,658.4) | (1,082.2) |
Closing balance | oz | 389,706.3 | 193,152.2 | 166,556.4
Opening balance | $ 219,421 | $ 295,638 |
Creations | 372,697 | 73,610 |
Redemptions | (170,302) | (38,410) |
Realized (loss) / gain on palladium distributed for the redemption of Shares | (65,743) | (10,746) | $ 3,889
Transfers of palladium to pay expenses | (1,665) | (1,499) |
Realized gain on palladium transferred to pay expenses | (813) | (579) | 155
Change in unrealized gain/(loss) on investment in palladium | 648 | (98,593) | (62,298)
Closing balance | $ 354,243 | $ 219,421 | $ 295,638

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- Definition Cost of Bullion transferred to pay Trust's expenses. + References No definition available. + Details
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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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