(VIANEWS) – Platinum (PL) has been up by 9.22% for the last 21 sessions. At 20:55 EST on Thursday, 13 June, Platinum (PL) is $954.50.
Volume
Today’s last reported volume for Platinum is 405, 99.99% below its average volume of 7364932520.35.
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 Wednesday, 12 June, "At the time of writing, Crude Oil (WTI) trades at $78.28 and Brent Crude at $82.36"
- Crude oil rally stumbles after fed leans away from rate cuts, WTI falls back below $78. According to FXStreet on Wednesday, 12 June, "West Texas Intermediate (WTI) US Crude Oil rose through Wednesday’s early trading, hitting a fresh June high near $79.00 per barrel before slumping back below $78.00 after the Energy Information Administration (EIA) reported another buildup in US Crude Oil supplies coupled with another Federal Reserve (Fed) rate hold.", "The Energy Information Administration (EIA) reported another unexpected buildup in US Crude Oil Stocks Change for the week ended June 7, adding 3.73 million barrels to the previous week’s 1.233 million, washing out the forecast contraction of -1.55 million."
- According to FXStreet on Thursday, 13 June, "Apart from this, some follow-through US Dollar (USD) buying, bolstered by the Federal Reserve’s (Fed) hawkish surprise, further seems to undermine USD-denominated commodities, including Crude Oil prices.", "That said, persistent geopolitical tensions in the Middle East might continue to lend some support to Crude Oil prices and limit losses."
More news about Platinum (PL).
