🟢 Platinum ETF (ZPLA.SW) is trading 3% up as platinum prices climb amid supply-deficit concerns

ZPLA.SW is trading at CHF 445.95 (+3.00%) as platinum prices climbed, supporting its underlying exposure.

• Platinum prices climbed approximately 1.49%–2.44% on August 28.
• Investors continued repricing platinum around the projected 297,000-ounce 2026 deficit, constrained mine supply and low inventories.
• The move is commodity-specific: major U.S. indexes were broadly flat, while platinum and palladium strengthened; Jackson Hole rate uncertainty and precious-metals positioning may amplify volatility, with mixed coverage on immediate intraday direction.