(VIANEWS) – Platinum (PL) has been up by 6.5% for the last 10 sessions. At 05:53 EST on Thursday, 19 September, Platinum (PL) is $991.00.
Volume
Today’s last reported volume for Platinum is 10234, 99.99% below its average volume of 6929373470.26.
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 Thursday, 19 September, "Additionally, WTI Oil prices may have found support after the US Energy Information Administration (EIA) reported a larger-than-expected decline in Crude Oil Stocks Change, which dropped by 1.63 million barrels to 417.5 million, far exceeding the forecasted 0.1 million-barrel draw for the week ending September 13. "
- Crude oil slides below $70 ahead of vital fed meeting. According to FXStreet on Wednesday, 18 September, "Expect to see Crude Oil rally under the assumption that demand and growth will pick up again if the Fed delivers that ultra-dovish message without spooking the markets.", "A bigger 50 bps cut in borrowing costs and further rate cut projections in the Fed’s Summary of Economic Projections (SEP) will be perceived as oxygen for the much-battered Crude Oil price. "
More news about Platinum (PL).
