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Statements of Operations (USD $)
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
EXPENSES      
Sponsor's Fee $ 4,376,182us-gaap_SponsorFees $ 4,973,343us-gaap_SponsorFees $ 4,588,610us-gaap_SponsorFees
Total expenses 4,376,000us-gaap_OperatingExpenses [1] 4,973,000us-gaap_OperatingExpenses [2] 4,589,000us-gaap_OperatingExpenses [2]
Net investment loss (4,376,000)pplt_NetInvestmentGainLoss [1] (4,973,000)pplt_NetInvestmentGainLoss [2] (4,589,000)pplt_NetInvestmentGainLoss [2]
REALIZED AND UNREALIZED GAINS / (LOSSES)      
Realized gain on platinum transferred to pay expenses 113,000us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses [1] 151,000us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses [2] 375,000us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses [2]
Realized (loss) / gain on platinum distributed for the redemption of Shares (1,507,000)pplt_RealizedGainLossOnBullionDistributedForRedemptionOfShares [1] 225,000pplt_RealizedGainLossOnBullionDistributedForRedemptionOfShares [2] 20,777,000pplt_RealizedGainLossOnBullionDistributedForRedemptionOfShares [2]
Change in unrealized loss on investment in platinum (77,241,000)pplt_ChangeInUnrealizedGainLossOnInvestmentInBullion [1] 0pplt_ChangeInUnrealizedGainLossOnInvestmentInBullion [2] 0pplt_ChangeInUnrealizedGainLossOnInvestmentInBullion [2]
Realized loss on Bullion 0pplt_RealizedGainLossOnBullion [1] (51,422,000)pplt_RealizedGainLossOnBullion [2] 0pplt_RealizedGainLossOnBullion [2]
Total (loss) / gain on platinum (78,635,000)pplt_TotalGainLossOnBullion [1] (51,046,000)pplt_TotalGainLossOnBullion [2] 21,152,000pplt_TotalGainLossOnBullion [2]
Change in net assets from operations $ (83,011,000)us-gaap_NetIncomeLoss [1] $ (56,019,000)us-gaap_NetIncomeLoss [1],[2],[3] $ 16,563,000us-gaap_NetIncomeLoss [1],[2],[3]
Net (decrease) / increase in net assets per Share $ (15.37)us-gaap_EarningsPerShareBasic [1] $ (9.84)us-gaap_EarningsPerShareBasic [2] $ 3.32us-gaap_EarningsPerShareBasic [2]
Weighted average number of Shares (in Shares) 5,400,822us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [1] 5,693,973us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [2] 4,989,754us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [2]
[1] Effective January 1, 2014, the Trust has adopted the provisions of Topic 946, Investment Companies, and follows specialized accounting. Refer to Note 2.1 for additional information.
[2] Amounts are those previously reported under non-investment company accounting.  Refer to Note 2.1 for additional information.
[3] In accordance with Topic 946, Investment Companies, the Trust meets the exemption criteria to exclude a statement of cash flows. Thus one has not been presented for the year ended December 31, 2014. Refer to Note 2.1 for additional information.