Platinum Futures Is 8% Down In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 8.02% for the last 5 sessions. At 16:50 EST on Wednesday, 8 November, Platinum (PL) is $883.50.

Volume

Today’s last reported volume for Platinum is 9871, 99.99% below its average volume of 8878501147.4.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.15%, 0.98%, and 1.28%, respectively.

Platinum’s highest amplitude of average volatility was 1.34% (last week), 1.37% (last month), and 1.28% (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

  • Crude oil forecast: is crude trying to find a bottom? – 06 November 2023. According to DailyForex on Monday, 6 November, "Starting with WTI Crude Oil, the West Texas Intermediate Crude Oil market initially displayed signs of strength during Friday’s trading session. "
  • According to FXStreet on Monday, 6 November, "This, along with developments surrounding the Israel-Hamas conflict and the USD price dynamics, should contribute to producing some meaningful trading opportunities around Crude Oil prices.", "Furthermore, top exporters Saudi Arabia and Russia said they would stick to extra voluntary oil output cuts until the end of the year, which, in turn, acts as a tailwind for WTI Crude Oil prices."

More news about Platinum (PL).

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