Platinum Futures Over 4% Up In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 4.55% for the last 10 sessions. At 11:52 EST on Thursday, 14 March, Platinum (PL) is $932.40.

Volume

Today’s last reported volume for Platinum is 21437, 99.99% below its average volume of 7850941392.53.

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, 13 March, "Moreover, API Weekly Crude Oil Stock surprisingly fell in the week ending on March 8, with a decline of 5.521 million barrels, compared to an expected increase of 0.4 million barrels and the previous 0.423 million barrels. "
  • Crude oil staggers on Tuesday as bullish momentum gets cut short by EIA forecast shift. According to FXStreet on Tuesday, 12 March, "On the other hand, US Crude Oil production continues to break records, with American oil pumping reaching an all-time high of 12.9 million barrels per day in 2023, the most Crude Oil produced by any country, ever. ", "A steeper-than-expected decline in US Crude Oil stocks for the week ended March 8 from the American Petroleum Institute (API) saw a brief uptick in bullish momentum heading into the end of the American trading session. "

More news about Platinum (PL).

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