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Changes in ounces of palladium and their respective values for the three months ended March 31, 2025 and 2024 are set out below: (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2025
USD ($)
oz
Mar. 31, 2024
USD ($)
oz
Accounting Policies [Abstract]    
Opening balance | oz 389,706.3 193,152.2
Creations | oz 37,642.5 43,643.4
Redemptions | oz (52,510.3) (16,072.6)
Transfers of palladium to pay expenses | oz (562.2) (308.7)
Closing balance | oz 374,276.3 220,414.3
Opening balance $ 354,243 $ 219,421
Creations 36,250 41,486
Redemptions (51,474) (15,623)
Realized (loss) on palladium distributed for the redemption of Shares (14,652) (11,719)
Transfers of palladium to pay expenses (531) (314)
Realized (loss) on palladium transferred to pay expenses (178) (228)
Change in unrealized (loss) on investment in palladium 45,378 (8,862)
Change in unrealized gain on unsettled creations or redemptions
Closing balance $ 369,036 $ 224,161