(VIANEWS) – Platinum (PL) has been up by 7.54% for the last 21 sessions. At 11:51 EST on Thursday, 20 June, Platinum (PL) is $984.60.
Volume
Today’s last reported volume for Platinum is 38298, 99.99% below its average volume of 7357925040.99.
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 tests higher ground on quiet Wednesday, WTI touches $81.00. According to FXStreet on Wednesday, 19 June, "WTI US Crude Oil has temporarily halted a technical recovery from the last major swing low into $72.45. ", "WTI found a new seven-week high and is on pace to extend into a second straight week of gain as Crude Oil recovers from a recent swing low, but bolstered energy market hopes of a summertime upswing in energy demand could slump again if US Crude Oil production continues to outpace draws."
- According to FXStreet on Wednesday, 19 June, "Going forward, the next trigger for the Oil price will be Energy Information Administration (EIA) Crude Oil Stocks Change data for the week ending June 14, which will be published on Thursday due to a holiday in US markets on account of Juneteenth."
- According to FXStreet on Tuesday, 18 June, "Apart from this, expectations that a drawdown in US inventories will tighten the market in the second half of the year should act as a tailwind for Crude Oil prices.", "Adding to this, the emergence of fresh buying around the US Dollar (USD), which continues to draw support from the Federal Reserve’s (Fed) hawkish outlook, might also contribute to capping gains for Crude Oil prices. "
More news about Platinum (PL).
