(VIANEWS) – Platinum (PL) has been up by 4.14% for the last 10 sessions. At 11:51 EST on Friday, 6 September, Platinum (PL) is $925.90.
Volume
Today’s last reported volume for Platinum is 16448, 99.99% below its average volume of 6935588051.26.
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).
Previous days news about Platinum (PL)
- Platinum: position sizes remain modest – TDS. According to FXStreet on Wednesday, 4 September, "Even a small reversal in prices can now spark massive CTA buying activity in Platinum markets, with CTAs potentially adding up to +60% of their max size over the coming week in this scenario. ", "However, a substantial increase in SGE Platinum volumes amid slumping prices suggests dip buyers have emerged in physical markets."
- Platinum prices now already printed their local lows – TDS. According to FXStreet on Thursday, 5 September, "Signs of extreme upside asymmetry are playing out in Platinum markets, TDS Senior Commodity Strategist Daniel Ghali notes.", "A substantial increase in SGE Platinum volumes amid the recent slump further suggests dip buyers have emerged in physical markets, in line with our view."
More news about Platinum (PL).
