🟢 Platinum ETF (ZPLA.SW) is trading 3.1% up after platinum rose following WPIC market update

ZPLA.SW is trading at CHF 448.50 (+3.10%) as platinum prices rose following the World Platinum Investment Council’s quarterly market update.

• Platinum spot gained about 2.08% on September 9 after the World Platinum Investment Council published its quarterly market update.
• Ongoing Middle East tensions supported safe-haven demand, while broader equity-market weakness likely reinforced interest in precious metals.
• The ETF’s move exceeded platinum’s reported underlying gain.