🔴 PPLT is trading 4% down today as Treasury yields and dollar strength pressure platinum

PPLT is trading at $15.96, down 3.97%, as platinum prices weakened under strong Treasury yields and dollar strength.

• Profit-taking and institutional long-position unwinding added selling pressure; recovering South African refined output eased supply-deficit concerns.
• The move was primarily commodity- and macro-driven rather than company-specific. Broader U.S. equities were only modestly lower, leaving the sharper decline concentrated in platinum and precious-metals exposure.