Changes in ounces of palladium and their respective values for the years ended December 31, 2025 and 2024 are set out below: (Details) $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2025
USD ($)
oz
|
Dec. 31, 2024
USD ($)
oz
|
Dec. 31, 2023
USD ($)
oz
|
|
| Accounting Policies [Abstract] | |||
| Opening balance | oz | 389,706.3 | 193,152.2 | |
| Creations | oz | 425,582.2 | 369,832.6 | |
| Redemptions | oz | (174,310.0) | (171,620.1) | |
| Transfers of palladium to pay expenses | oz | (2,577.1) | (1,658.4) | |
| Closing balance | oz | 638,401.4 | 389,706.3 | 193,152.2 |
| Opening balance | $ 354,243 | $ 219,421 | |
| Creations | 522,096 | 372,697 | |
| Redemptions | (198,224) | (170,302) | |
| Realized (loss) / gain on palladium distributed for the redemption of Shares | (14,375) | (65,743) | $ (10,746) |
| Transfers of palladium to pay expenses | (2,892) | (1,665) | |
| Realized gain on palladium transferred to pay expenses | (227) | (813) | (579) |
| Change in unrealized gain/(loss) on investment in palladium | 339,754 | 648 | (98,593) |
| Closing balance | $ 1,000,375 | $ 354,243 | $ 219,421 |