(VIANEWS) – Platinum (PL) has been up by 4.74% for the last 10 sessions. At 17:50 EST on Wednesday, 9 October, Platinum (PL) is $960.70.
Volume
Today’s last reported volume for Platinum is 21152, 99.99% below its average volume of 6855657051.24.
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 FXStreet on Monday, 7 October, "Markets are bracing for an escalation in the newly-sparked conflict between Iran and Israel; commodity investors are worried that Israel is set to lash out at Iran and strike Iran’s Crude Oil industry, a move that could send global energy prices soaring. ", "Chevron (CVX) rose one-third of one percent, as the fuels provider benefits from rapidly-accelerating Crude Oil prices. "
- Crude oil finds support as market focus shifts back to supply. According to FXStreet on Wednesday, 9 October, "At the time of writing, Crude Oil (WTI) trades at $71.43and Brent Crude at $75.32"
- Crude oil faces profit-taking after Israel’s response remains muted. According to FXStreet on Tuesday, 8 October, "At the time of writing, Crude Oil (WTI) trades at $75.03 and Brent Crude at $79.05"
More news about Platinum (PL).
