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Platinum Futures Over 4% Up In The Last 10 Sessions

ViaNews Editorial Team

December 26, 2023

Platinum Futures Over 4% Up In The Last 10 Sessions

(VIANEWS) - Platinum (PL) has been up by 4.66% for the last 10 sessions. At 04:53 EST on Tuesday, 26 December, Platinum (PL) is $977.80.

Volume

Today's last reported volume for Platinum is 316, 99.99% below its average volume of 8650084345.84.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was 0.57%, 0.80%, and 1.40%, respectively.

Platinum's highest amplitude of average volatility was 0.63% (last week), 1.33% (last month), and 1.40% (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

  • WTI crude oil: weekly forecast 24th December - 30th December - 25 December 2023. According to DailyForex on Monday, 25 December, "The weaker USD in Forex may be helping create some support for Crude Oil, but when the commodity touched the 75.370 ratio on Wednesday as the high for the week, it likely occurred upon speculative buying as shipping news from the Red Sea and Arabian Sea made headlines.WTI Crude Oil Low Trading Volumes and Risk Adverse Conditions", "WTI Crude Oil went into the weekend near the 73.500 USD mark, and the ability to sustain prices above the 73.000 may be seen as important. "

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.