(VIANEWS) – Platinum (PL) has been up by 2.22% for the last 5 sessions. At 23:50 EST on Monday, 18 March, Platinum (PL) is $916.90.
Volume
Today’s last reported volume for Platinum is 2137, 99.99% below its average volume of 7964137164.23.
Volatility
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.69%, 0.91%, and 1.29%, respectively.
Platinum’s highest amplitude of average volatility was 2.12% (last week), 1.19% (last month), and 1.29% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Platinum’s commodity is considered to be oversold (<=20).
News about
- WTI crude oil weekly forecast: higher sustained prices developing strength – 17 March 2024. According to DailyForex on Sunday, 17 March, "The ability of WTI Crude Oil to start marching upwards on Wednesday and then reach velocity on Thursday is noteworthy, particularly because the commodity held onto its momentum on Friday and finished the week near its highs.WTI Crude Oil Trend and Coming Tests this Week", "WTI Crude Oil touched a high of nearly 95.000 USD on the 28th of September, meaning the low that was attained was two days before the Middle East Crisis renewed and that the 82.000 mark may have been viewed as equilibrium. "
- According to FXStreet on Monday, 18 March, "West Texas Intermediate (WTI) US Crude Oil prices build on last week’s strong gains of nearly 4% and gain some follow-through positive traction on Monday. ", "This comes after OPEC+ members decided to extend the production cuts of 2.2 million barrels per day through the second quarter and fueled concerns about a tight global supply, which, in turn, is seen acting as a tailwind for Crude Oil prices."
More news about Platinum (PL).
