(VIANEWS) – Platinum (PL) has been up by 6.34% for the last 10 sessions. At 02:52 EST on Wednesday, 8 May, Platinum (PL) is $987.50.
Volume
Today’s last reported volume for Platinum is 4714, 99.99% below its average volume of 7679422237.96.
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
- Crude oil continues to soften on middle east ceasefire talks, WTI falls to $78. According to FXStreet on Monday, 6 May, "Recent bearish sentiment in Crude Oil has sent WTI further down from the 200-hour Exponential Moving Average (EMA) at $80.43, and US Crude Oil prices are down 3% in May.", "WTI US Crude Oil is seeing market churn near $78.50 as markets grapple with a potential ceasefire deal on the cards, and barrel bids are pricing in a near-term price floor around the $78.00 price handle."
- According to FXStreet on Tuesday, 7 May, "However, battered Crude Oil markets and floundering barrel prices limit the CAD’s ability to find higher ground."
- According to FXStreet on Wednesday, 8 May, "Oil traders willshift their focus tothe EIA Crude Oil stockpiles report duelateron Wednesday. "
- According to FXStreet on Wednesday, 8 May, "Oil traders will shift their focus to the US Crude Oil Stocks Change due later on Wednesday. "
More news about Platinum (PL).
