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Schedules of Investments (Unaudited)
$ in Thousands
Sep. 30, 2025
USD ($)
oz
Dec. 31, 2024
USD ($)
oz
Schedule of Investments [Line Items]    
Investment in Bullion | oz 11,519,281.2 9,948,370.0
Cost $ 988,838 $ 770,093
Fair Value $ 1,811,210 $ 1,040,489
Fair Value, % of Net Assets 98.05% 100.05%
Other assets less liabilities $ 35,978 $ (536)
Other assets less liabilities, % of Net Assets 1.95% (0.05%)
Net Assets [1] $ 1,847,188 $ 1,039,953
Net Assets, % of Net Assets 100.00% 100.00%
Gold [Member]    
Schedule of Investments [Line Items]    
Investment in Bullion | oz 303,139.0 261,800.3
Cost $ 578,467 $ 431,725
Fair Value $ 1,159,597 $ 683,521
Fair Value, % of Net Assets 62.78% 65.72%
Palladium [Member]    
Schedule of Investments [Line Items]    
Investment in Bullion | oz 60,627.8 52,359.8
Cost $ 99,415 $ 92,127
Fair Value $ 74,875 $ 47,595
Fair Value, % of Net Assets 4.05% 4.58%
Platinum [Member]    
Schedule of Investments [Line Items]    
Investment in Bullion | oz 40,418.5 34,906.6
Cost $ 42,387 $ 35,943
Fair Value $ 63,498 $ 31,905
Fair Value, % of Net Assets 3.44% 3.07%
Silver [Member]    
Schedule of Investments [Line Items]    
Investment in Bullion | oz 11,115,095.9 9,599,303.3
Cost $ 268,569 $ 210,298
Fair Value $ 513,240 $ 277,468
Fair Value, % of Net Assets 27.78% 26.68%
[1] Authorized share capital is Unlimited with no par value per Share. Shares issued and outstanding at September 30, 2025 were 11,275,000 and at December 31, 2024 were 9,500,000. Net asset values per Share at September 30, 2025 and December 31, 2024 were $163.83 and $109.47, respectively.