🟢 Platinum ETF (ZPLA.SW) is trading 3.62% up today driven by platinum's projected 2026 deficit

ZPLA.SW is trading at CHF 442.45 (+3.62%) after platinum's advance above $1,870 on August 21, 2026.

• A weaker U.S. dollar and renewed precious-metals demand supported the rally; tight inventories and persistent supply shortages amplified upside momentum.
• WPIC's revised 2026 deficit forecast of 297,000 ounces reinforced the bullish fundamental narrative.
• The move is commodity- and sector-driven, not equity-market-specific: platinum's projected fourth consecutive annual deficit, declining above-ground stocks, and resilient industrial demand are attracting investment flows into physically backed platinum products.