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Platinum Futures Is 4% Up In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 4.54% for the last 10 sessions. At 07:52 EST on Friday, 15 December, Platinum (PL) is $968.10.

Volume

Today’s last reported volume for Platinum is 2281, 99.99% below its average volume of 8451557854.05.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.33%, 0.89%, and 1.39%, respectively.

Platinum’s highest amplitude of average volatility was 1.33% (last week), 1.28% (last month), and 1.39% (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

  • Crude oil forecast: loses again – 13 December 2023. According to DailyForex on Wednesday, 13 December, "The West Texas Intermediate (WTI) Crude Oil market exhibited strong bearish sentiment during Tuesday’s session, mirroring the prevailing negative pressure. "
  • WTI crude oil reclaims $70 as oil markets recover post-fed. According to FXStreet on Wednesday, 13 December, "WTI’s Wednesday rebound sees WTI clambering back into $70, but US Crude Oil remains deeply in the cut, trading on the south side of the 200-hour Simple Moving Average (SMA) near $71.50. ", "OPEC remains dedicated to drawing down production quotas to bolster Crude Oil prices, but markets remain skeptical that the oil cartel will successfully draw member states into adhering to stiff production caps. "

More news about Platinum (PL).

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