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Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
INCREASE IN CASH FROM OPERATIONS:      
Cash proceeds received from transfer of platinum   $ 0us-gaap_ProceedsFromCustomers [1] $ 0us-gaap_ProceedsFromCustomers [1]
Cash expenses paid   0us-gaap_PaymentsForOperatingActivities [1] 0us-gaap_PaymentsForOperatingActivities [1]
Increase in cash resulting from operations   0us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease [1] 0us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease [1]
Cash and cash equivalents at beginning of year 0us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 0us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 0us-gaap_CashAndCashEquivalentsAtCarryingValue [1]
Cash and cash equivalents at end of year   0us-gaap_CashAndCashEquivalentsAtCarryingValue [1] 0us-gaap_CashAndCashEquivalentsAtCarryingValue [1]
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES:      
Value of platinum received for creation of Shares 47,428pplt_CreationsValueOfBullion 218,288pplt_CreationsValueOfBullion [1] 267,303pplt_CreationsValueOfBullion [1]
Value of platinum distributed for redemption of Shares - at cost   149,314pplt_ValueOfBullionDistributedForRedemptionOfShares [1] 153,861pplt_ValueOfBullionDistributedForRedemptionOfShares [1]
RECONCILIATION OF CHANGE IN NET ASSETS FROM OPERATIONS TO NET CASH PROVIDED BY OPERATING ACTIVITIES:      
Change in net assets from operations (83,011)us-gaap_NetIncomeLoss [2] (56,019)us-gaap_NetIncomeLoss [1],[2],[3] 16,563us-gaap_NetIncomeLoss [1],[2],[3]
Adjustments to reconcile change in net assets from operations to net cash provided by operating activities:      
Increase in investment in platinum   (12,714)pplt_IncreaseDecreaseInBullionAssets [1] (109,313)pplt_IncreaseDecreaseInBullionAssets [1]
Decrease / (increase) in platinum receivable   7,480us-gaap_IncreaseDecreaseInReceivables [1] (7,480)us-gaap_IncreaseDecreaseInReceivables [1]
Increase in platinum payable   13,259us-gaap_IncreaseDecreaseInOtherAccountsPayable [1] 0us-gaap_IncreaseDecreaseInOtherAccountsPayable [1]
(Decrease) / increase in fees payable to Sponsor   (15)us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties [1] 86us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties [1]
Increase / (decrease) in redeemable Shares:      
Creations   210,808us-gaap_ProceedsFromIssuanceOfCommonStock [1] 274,782us-gaap_ProceedsFromIssuanceOfCommonStock [1]
Redemptions   (162,799)us-gaap_PaymentsForRepurchaseOfCommonStock [1] (174,638)us-gaap_PaymentsForRepurchaseOfCommonStock [1]
Net cash provided by operating activities   0us-gaap_NetCashProvidedByUsedInOperatingActivities [1] 0us-gaap_NetCashProvidedByUsedInOperatingActivities [1]
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:      
Value of platinum transferred to pay expenses   $ 4,989pplt_ValueOfBullionTransferredToPayExpenses [1] $ 4,504pplt_ValueOfBullionTransferredToPayExpenses [1]
[1] 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.
[2] 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.
[3] Amounts are those previously reported under non-investment company accounting.  Refer to Note 2.1 for additional information.