(VIANEWS) – Platinum (PL) has been up by 4.03% for the last 10 sessions. At 08:54 EST on Wednesday, 5 June, Platinum (PL) is $993.10.
Volume
Today’s last reported volume for Platinum is 12167, 99.99% below its average volume of 7486136339.22.
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
- According to FXStreet on Monday, 3 June, "At the time of writing, Crude Oil (WTI) trades at $76.95 and Brent Crude at $81.20."
- Crude oil extends declines after opec+ disappoints barrel traders, WTI tests $74. According to FXStreet on Monday, 3 June, "US Crude Oil is poised for its single worst day in 2024, in the red nearly 4% from the day’s opening bids near $77.00 and testing into lows last set during the first week of February. ", "OPEC+ has been participating in voluntary Crude Oil production cuts that have kept 2.2 million barrels per day off the markets in an attempt to bolster global barrel prices in the face of global Crude Oil output that has grown to outpace demand. "
- Crude oil extends declines as markets balk at opec+ plans to end production cuts. According to FXStreet on Tuesday, 4 June, "The Organization of the Petroleum Exporting Countries (OPEC) and its extended network of non-meber ally states, OPEC+, recently unveiled plans to slowly walk back voluntary production cuts that were meant to bolster global Crude Oil prices.", "OPEC+ member states, many of whom rely on Crude Oil production in order to balance their government budgets, have grown weary of carrying supply constraints championed by OPEC."
More news about Platinum (PL).
