(VIANEWS) – Platinum (PL) has been up by 4.05% for the last 10 sessions. At 05:50 EST on Thursday, 27 June, Platinum (PL) is $1,005.30.
Volume
Today’s last reported volume for Platinum is 8025, 99.99% below its average volume of 7330027673.99.
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, 26 June, "This, along with an uptick in Crude Oil prices, underpins the commodity-linked Loonie and might further contribute to capping the USD/CAD pair. "
- According to FXStreet on Thursday, 27 June, "This, in turn, is seen capping the upside for the USD/CAD pair, though a downtick in Crude Oil prices undermines the commodity-linked Loonie and acts as a tailwind.", "That said, worries about potential supply disruptions in Russia and the Middle East should help limit deeper losses for Crude Oil prices. "
- According to FXStreet on Tuesday, 25 June, "At the time of writing, Crude Oil (WTI) trades at $80.89 and Brent Crude at $84.65."
- According to FXStreet on Wednesday, 26 June, "The latter will influence the Fed’s future policy decision, which, in turn, will drive the USD demand in the near term and provide some meaningful impetus to Crude Oil prices."
More news about Platinum (PL).
