(VIANEWS) – Platinum (PL) has been up by 4.6% for the last 10 sessions. At 08:52 EST on Thursday, 7 September, Platinum (PL) is $908.60.
Volume
Today’s last reported volume for Platinum is 10345, 99.99% below its average volume of 9272390400.03.
Volatility
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.23%, a positive 0.48%, and a positive 1.20%, respectively.
Platinum’s highest amplitude of average volatility was 1.37% (last week), 1.25% (last month), and 1.20% (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 overbought (>=80).
News about
- According to FXStreet on Tuesday, 5 September, "This could mean that the Crude Oil price is about to see some profit-taking, but traders await further confirmation of more OPEC+ members and their possible firm commitments toward supply cuts.", "At the time of writing, Crude Oil (WTI) price trades at $84.72 per barrel and Brent Oil at $87.99."
- Crude oil forecast: sees upward pressure, look for value – 05 September 2023. According to DailyForex on Tuesday, 5 September, "Considering the West Texas Intermediate (WTI) Crude Oil market, a marginal decline followed an initial upward gap on Monday. ", "Within the WTI Crude Oil market, a temporary decline follows an initial upward gap, with the weight of Labor Day’s impact and overbought conditions. "
- According to FXStreet on Wednesday, 6 September, "Apart from that, the US Dollar Index (DXY) seesaws at the highest level since March 15, dicey near 104.80 at the latest, while prices of Gold and WTI Crude Oil tread water around $1,925 and $86.40 as we write. "
- According to FXStreet on Tuesday, 5 September, "Western Texas Intermediate (WTI) Crude Oil prices enter a bullish consolidation phase during the Asian session on Tuesday and oscillate in a range around mid-$85.00s, just below the 2023 peak touched the previous day.", "In the meantime, the optimism that additional stimulus from China, to shore up a slowing economic recovery will boost fuel demand and lend additional support to WTI Crude Oil prices. "
- According to FXStreet on Wednesday, 6 September, "India’s heavy reliance on Oil imports drowned the INR the most in three weeks the previous day after the WTI Crude Oil Price refreshed its yearly high to $87.55, around $86.32 by the press time. "
More news about Platinum (PL).
