(VIANEWS) – Platinum (PL) has been up by 3.37% for the last 5 sessions. At 14:51 EST on Tuesday, 15 October, Platinum (PL) is $996.80.
Volume
Today’s last reported volume for Platinum is 20237, 99.99% below its average volume of 6880054424.23.
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
- Usd/cad eyes 1.3800 mark amid bullish usd, weaker crude oil prices. According to FXStreet on Monday, 14 October, "The momentum is sponsored by a bullish US Dollar (USD) and declining Crude Oil prices, which tend to undermine the commodity-linked Loonie.", "Meanwhile, Crude Oil prices open with a bearish weekly gap in reaction to softer Chinese inflation data released over the weekend, which pointed to a sustained deflationary trend and bods poorly with fuel demand. "
- Crude oil slides away from $75.00 after OPEC reports gets bearish. According to FXStreet on Monday, 14 October, "At the time of writing, Crude Oil (WTI) trades at $73.43and Brent Crude at $77.24"
- According to FXStreet on Tuesday, 15 October, "This leads to a further decline in Crude Oil prices, which undermines the commodity-linked Loonie and lends additional support to the USD/CAD pair."
More news about Platinum (PL).
