(VIANEWS) – Platinum (PL) has been up by 3.19% for the last 5 sessions. At 16:52 EST on Tuesday, 5 December, Platinum (PL) is $908.30.
Volume
Today’s last reported volume for Platinum is 7307, 99.99% below its average volume of 8708530432.61.
Volatility
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.50%, 0.74%, and 1.36%, respectively.
Platinum’s highest amplitude of average volatility was 0.82% (last week), 1.50% (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 oversold (<=20).
News about
- Crude oil: weekly forecast 3rd December – 9th December – 03 December 2023. According to DailyForex on Sunday, 3 December, "The belief that demand will start to flourish among speculators and global manufacturers who need Crude Oil is reasonable, but Thursday’s sudden reversal lower shows that speculative forces remain strong among those who have the ability to sell with short-term bursts.WTI Crude Oil Weekly Outlook:", "Speculative conditions in WTI Crude Oil certainly played into the volatility produced last week. "
- Crude oil forecast: looks rangebound – 04 December 2023. According to DailyForex on Monday, 4 December, "Starting with the West Texas Intermediate Crude Oil market, Friday’s trading session was marked by extreme volatility, reflecting the ongoing challenges that the crude oil sector is grappling with. "
More news about Platinum (PL).
