(VIANEWS) – Platinum (PL) has been up by 3.91% for the last 10 sessions. At 02:51 EST on Tuesday, 18 June, Platinum (PL) is $975.50.
Volume
Today’s last reported volume for Platinum is 3766, 99.99% below its average volume of 7486136473.24.
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, 17 June, "At the time of writing, Crude Oil (WTI) trades at $78.33and Brent Crude at $82.50"
- Crude oil snaps higher as hopes of rising demand continue to bolster barrel bids. According to FXStreet on Monday, 17 June, "Despite headwinds on multiple fronts, Crude Oil markets are grinding out higher ground to kick off the new trading week as investors expect an uptick in summer fuel demand with a hotter-than-average summer season expected.", "West Texas Intermediate (WTI) US Crude Oil shrugged off recent bearish pressures to climb back towards the $80.00 handle on Monday. "
- According to FXStreet on Tuesday, 18 June, "Apart from this, expectations that a drawdown in US inventories will tighten the market in the second half of the year should act as a tailwind for Crude Oil prices.", "Adding to this, the emergence of fresh buying around the US Dollar (USD), which continues to draw support from the Federal Reserve’s (Fed) hawkish outlook, might also contribute to capping gains for Crude Oil prices. "
More news about Platinum (PL).
