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Changes in ounces of Bullion and their respective values for the years ended December 31, 2020 and 2019 are set out below: (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2020
USD ($)
oz
Dec. 31, 2019
USD ($)
oz
Dec. 31, 2018
USD ($)
oz
Opening balance | oz 6,960,703.3 6,188,465.8  
Creations | oz 2,741,883.7 1,297,191.6  
Redemptions | oz (592,441.7) (487,505.4)  
Transfers of Bullion to pay expenses | oz (45,845.2) (37,448.7)  
Closing balance | oz 9,064,300.1 6,960,703.3 6,188,465.8
Opening balance $ 491,706 $ 359,447  
Creations 234,495 85,569  
Redemptions (40,303) (29,569)  
Realized gain / (loss) on Bullion distributed for the redemption of Shares 4,680 1,807 $ 115
Transfers of Bullion to pay expenses (3,655) (2,339)  
Realized gain / (loss) on Bullion transferred to pay expenses 815 196 13
Change in unrealized gain / (loss) on investment in Bullion 139,860 76,595 (7,670)
Closing balance $ 827,598 $ 491,706 $ 359,447
Gold, Ounces      
Opening balance | oz 183,176.5 162,854.5  
Creations | oz 72,154.9 34,136.6  
Redemptions | oz (15,590.6) (12,829.1)  
Transfers of Bullion to pay expenses | oz (1,206.6) (985.5)  
Closing balance | oz 238,534.2 183,176.5 162,854.5
Opening balance $ 277,466 $ 208,722  
Creations 131,695 49,398  
Redemptions (24,805) (17,079)  
Realized gain / (loss) on Bullion distributed for the redemption of Shares 4,472 1,217  
Transfers of Bullion to pay expenses (2,112) (1,354)  
Realized gain / (loss) on Bullion transferred to pay expenses 492 130  
Change in unrealized gain / (loss) on investment in Bullion 63,049 36,432  
Closing balance $ 450,257 $ 277,466 $ 208,722
Palladium Ounces      
Opening balance | oz 36,635.0 32,570.6  
Creations | oz 14,431.1 6,827.3  
Redemptions | oz (3,117.9) (2,565.8)  
Transfers of Bullion to pay expenses | oz (241.3) (197.1)  
Closing balance | oz 47,706.9 36,635.0 32,570.6
Opening balance $ 69,790 $ 41,137  
Creations 32,872 10,835  
Redemptions (5,947) (3,765)  
Realized gain / (loss) on Bullion distributed for the redemption of Shares 2,609 1,723  
Transfers of Bullion to pay expenses (537) (295)  
Realized gain / (loss) on Bullion transferred to pay expenses 263 132  
Change in unrealized gain / (loss) on investment in Bullion 12,679 20,023  
Closing balance $ 111,729 $ 69,790 $ 41,137
Platinum, Ounces      
Opening balance | oz 24,423.3 21,713.7  
Creations | oz 9,620.7 4,551.5  
Redemptions | oz (2,078.6) (1,710.5)  
Transfers of Bullion to pay expenses | oz (160.9) (131.4)  
Closing balance | oz 31,804.5 24,423.3 21,713.7
Opening balance $ 23,251 $ 17,241  
Creations 8,907 4,062  
Redemptions (1,498) (1,412)  
Realized gain / (loss) on Bullion distributed for the redemption of Shares (612) (379)  
Transfers of Bullion to pay expenses (136) (112)  
Realized gain / (loss) on Bullion transferred to pay expenses (27) (25)  
Change in unrealized gain / (loss) on investment in Bullion 4,082 3,876  
Closing balance $ 33,967 $ 23,251 $ 17,241
Silver, Ounces      
Opening balance | oz 6,716,468.5 5,971,327.0  
Creations | oz 2,645,677.0 1,251,676.2  
Redemptions | oz (571,654.6) (470,400.0)  
Transfers of Bullion to pay expenses | oz (44,236.4) (36,134.7)  
Closing balance | oz 8,746,254.5 6,716,468.5 5,971,327.0
Opening balance $ 121,199 $ 92,347  
Creations 61,021 21,274  
Redemptions (8,053) (7,313)  
Realized gain / (loss) on Bullion distributed for the redemption of Shares (1,789) (754)  
Transfers of Bullion to pay expenses (870) (578)  
Realized gain / (loss) on Bullion transferred to pay expenses 87 (41)  
Change in unrealized gain / (loss) on investment in Bullion 60,050 16,264  
Closing balance $ 231,645 $ 121,199 $ 92,347