Platinum Futures Over 5% Up In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 5.71% for the last 10 sessions. At 22:50 EST on Tuesday, 19 December, Platinum (PL) is $966.70.

Volume

Today’s last reported volume for Platinum is 22821, 99.99% below its average volume of 8573365158.06.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.19%, 0.92%, and 1.45%, respectively.

Platinum’s highest amplitude of average volatility was 2.24% (last week), 1.49% (last month), and 1.45% (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 overbought (>=80).

News about

  • According to FXStreet on Monday, 18 December, "The US Crude Oil benchmark, also known as West Texas Intermediate (WTI), has risen more than 2% on geopolitical risks as a militant group linked to Iran continues to attack ships around the Red Sea. ", "Meanwhile, an increase in supply cushioned WTI’s rise on Monday, but Russia and Saudi Arabia, extending Crude Oil production cuts to the first quarter of 2024, are underpinning Oil prices."

More news about Platinum (PL).

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