ZPLA.SW is trading 3.3% up today as precious metals rebound amid intensifying geopolitical risks in the Middle East and increased investor demand for safety.
- Rising conflict around the Strait of Hormuz and drone attacks on U.S. assets have significantly lifted demand for hard assets.
- Cross-asset volatility, driven by recent U.S.–Japan currency interventions and a firmer yen, is providing further support for platinum prices and related ETFs.