🔴 PPLT is trading 3.13% down in pre-market as dollar strength and Treasury yields pressured platinum

PPLT is trading 3.13% down at $16.10 as platinum prices declined amid strong U.S. Treasury yields and dollar strength.

• Profit-taking and institutional long-position unwinding added pressure.
• Reports of recovering South African refined output eased supply-deficit concerns.
• These commodity-specific pressures best explained PPLT’s pre-market weakness; broader U.S. indexes were only modestly lower.