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Platinum Futures Is 2% Down In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.87% for the last 5 sessions. At 04:53 EST on Friday, 8 December, Platinum (PL) is $914.00.

Volume

Today’s last reported volume for Platinum is 479, 99.99% below its average volume of 8516712841.89.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.38%, a positive 0.86%, and a positive 1.36%, respectively.

Platinum’s highest amplitude of average volatility was 1.10% (last week), 1.39% (last month), and 1.36% (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

  • According to FXStreet on Wednesday, 6 December, "Consequently, Crude Oil inventories fell by 4.6 million barrels, exceeding the 1.4 million foreseen."
  • Crude oil forecast: seems to be stuck in the same range – 06 December 2023. According to DailyForex on Wednesday, 6 December, "In the West Texas Intermediate (WTI) Crude Oil market, resilience was a key theme. "

More news about Platinum (PL).

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