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Platinum Futures Is 4% Up In The Last 10 Sessions

ViaNews Editorial Team

February 21, 2024

Platinum Futures Is 4% Up In The Last 10 Sessions

(VIANEWS) - Platinum (PL) has been up by 4.02% for the last 10 sessions. At 22:50 EST on Tuesday, 20 February, Platinum (PL) is $915.90.

Volume

Today's last reported volume for Platinum is 1171, 99.99% below its average volume of 8089096860.18.

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 Wednesday, 21 February, " Oil traders will monitor the EIA Crude Oil Stocks Change and API Weekly Crude Oil Stock, due on Wednesday and Thursday, respectively. "
  • Crude oil tests the high end as geopolitical concerns weigh, keeping energy prices pinned. According to FXStreet on Monday, 19 February, "West Texas Intermediate (WTI) US Crude Oil tested above $78.00 per barrel on Monday, finding room to the upside with US markets darkened for the American President's Day federal holiday.", "WTI Crude Oil prices have seen a choppy, halting recovery after hitting a low of $67.97 in December, and WTI is still down nearly 17% from last September's peak bids near $94.00 per barrel."

More news about Platinum (PL).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.