🔴 Swisscanto (CH) Platinum ETF EA CHF is trading 3.4% down today on hawkish Fed expectations following the May 2026 jobs report

Swisscanto (CH) Platinum ETF EA CHF is trading at $416.30 (-3.4%) following a broad risk-off repricing triggered by the May 2026 jobs report.

• The stronger-than-expected labor market data fueled hawkish higher-for-longer Fed rate expectations, pressuring non-yielding precious metals like platinum.
• The decline appears macro-driven as the broader market rotated away from growth and speculative assets; no ETF-specific news or platinum supply shocks were identified.