Platinum Futures Over 11% Down In The Last 21 Sessions

(VIANEWS) – Platinum (PL) has been up by 11.95% for the last 21 sessions. At 17:55 EST on Wednesday, 12 June, Platinum (PL) is $964.10.

Volume

Today’s last reported volume for Platinum is 31608, 99.99% below its average volume of 7428606147.

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 extends recovery on renewed supply hopes, WTI breaches $77.50. According to FXStreet on Monday, 10 June, "The planned phasing out of OPEC+ caps in conjunction with an expected uptick in gasoline demand that has failed to materialize at several junctures has left Crude Oil markets battered. ", "US Crude Oil is up over 3% on Monday, seeing its best single-day performance since early January as WTI bids cross back over $77.50 per barrel. "
  • According to FXStreet on Monday, 10 June, "At the time of writing, Crude Oil (WTI) trades at $75.54 and Brent Crude at $79.80"

More news about Platinum (PL).

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