Platinum Futures Is 3% Up In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 3.78% for the last 10 sessions. At 23:53 EST on Tuesday, 25 June, Platinum (PL) is $991.40.

Volume

Today’s last reported volume for Platinum is 587, 99.99% below its average volume of 7400171451.77.

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

  • Crude oil grinds back into the top end on Monday, WTI clips into $81.50. According to FXStreet on Monday, 24 June, "Leadership in Israel shrugged off the latest version of a proposed ceasefire between Israeli forces and Palestinian Hamas, keeping Crude Oil markets underpinned as investors continue to bake in the possibility of the ongoing Gaza conflict spilling over into neighboring countries.", "Crude Oil speculators will be looking for a steeper draw on US Crude Oil supplies as economies head into the summer months, with barrel traders specifically looking for increased fuel demand for cooling and summer travel."
  • According to FXStreet on Tuesday, 25 June, "At the time of writing, Crude Oil (WTI) trades at $80.89 and Brent Crude at $84.65."

More news about Platinum (PL).

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