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Changes in ounces of palladium and their respective values for the three and six months ended June 30, 2025 and 2024 are set out below: (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
oz
Jun. 30, 2024
USD ($)
oz
Jun. 30, 2025
USD ($)
oz
Jun. 30, 2024
USD ($)
oz
Accounting Policies [Abstract]        
Opening balance | oz 374,276.3 220,414.3 389,706.3 193,152.2
Creations | oz 117,359.5 96,315.4 155,002.0 139,958.8
Redemptions | oz (36,489.5) (24,063.4) (88,999.8) (40,135.8)
Transfers of palladium to pay expenses | oz (537.7) (362.4) (1,099.9) (671.3)
Closing balance | oz 454,608.6 292,303.9 454,608.6 292,303.9
Opening balance $ 369,036 $ 224,161 $ 354,243 $ 219,421
Creations 118,740 94,979 154,990 136,465
Redemptions (33,636) (23,846) (85,111) (39,469)
Realized (loss) on palladium distributed for the redemption of Shares (11,095) (11,584) (25,748) (23,303)
Transfers of palladium to pay expenses (514) (362) (1,045) (676)
Realized (loss) on palladium transferred to pay expenses (138) (213) (315) (441)
Change in unrealized gain / (loss) on investment in palladium 73,133 984 118,512 (7,878)
Closing balance $ 515,526 $ 284,119 $ 515,526 $ 284,119