Platinum Futures Is 2% Down In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.52% for the last 5 sessions. At 23:50 EST on Thursday, 29 August, Platinum (PL) is $943.30.

Volume

Today’s last reported volume for Platinum is 1145, 99.99% below its average volume of 6979404726.54.

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 Wednesday, 28 August, "West Texas Intermediate (WTI), the US Crude Oil benchmark, is trading down by almost one and a half percent to just above $74.00 on Wednesday. ", "A slowdown in the Chinese economy, the largest importer of Crude Oil in the world, is reducing demand whilst structural changes and the replacement of gasoline-fueled cars with electric vehicles, as well as a general shift towards a greater reliance on green energy, is further taking its toll."

More news about Platinum (PL).

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