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MarketCommodities

Platinum Futures Is 13% Down In The Last 21 Sessions

Platinum Futures Is 13% Down In The Last 21 Sessions

(VIANEWS) - Platinum (PL) has been up by 13.38% for the last 21 sessions. At 11:50 EST on Thursday, 29 June, Platinum (PL) is $902.80.

Volume

Today's last reported volume for Platinum is 22998, 99.99% below its average volume of 9851175311.35.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was a negative 0.24%, a negative 0.70%, and a positive 1.31%, respectively.

Platinum's highest amplitude of average volatility was 0.30% (last week), 1.00% (last month), and 1.31% (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 overbought (>=80).

News about

  • WTI crude oil forecast: traders using range-bound strategies as market consolidates - 28 June 2023. According to DailyForex on Wednesday, 28 June, "The WTI Crude Oil and Brent Crude markets remain range-bound, displaying a consolidation pattern that aligns with the summer season's typically subdued trading activity. ", "WTI Crude Oil is projected to be between $65 and $75, while Brent Crude's range is expected to fluctuate between approximately $70 and $80. "
  • According to FXStreet on Tuesday, 27 June, "For the rest of the session, the American Petroleum Institute will release Crude Oil Stocks for the week ending on June 23, which could have an additional impact on the black gold's price dynamics."

More news about Platinum (PL).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.