Platinum Futures Went Up By Over 7% In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 7.89% for the last 10 sessions. At 17:51 EST on Friday, 13 September, Platinum (PL) is $1,001.00.

Volume

Today’s last reported volume for Platinum is 39012, 99.99% below its average volume of 6880054173.73.

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

  • According to Zacks on Wednesday, 11 September, "Against this backdrop, investors can keep a close tab on the inverse leveraged oil ETFs like ProShares UltraShort Bloomberg Crude Oil (SCO Quick QuoteSCO – Free Report) and MicroSectors Energy 3X Inverse Leveraged ETNs (WTID Quick QuoteWTID) . "
  • Crude oil bears over 8% loss for September. According to FXStreet on Wednesday, 11 September, "At the time of writing, Crude Oil (WTI) trades at $65.52and Brent Crude at $69.16"

More news about Platinum (PL).

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