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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