Platinum Futures Is 9% Up In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 9.96% for the last 10 sessions. At 22:53 EST on Wednesday, 22 November, Platinum (PL) is $929.90.

Volume

Today’s last reported volume for Platinum is 24911, 99.99% below its average volume of 8728188315.31.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.40%, 0.90%, and 1.36%, respectively.

Platinum’s highest amplitude of average volatility was 1.40% (last week), 1.54% (last month), and 1.36% (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 Tuesday, 21 November, "Additionally, the US crude oil inventory data, including API Weekly Crude Oil Stock and EIA Crude Oil Stocks Change for the week ending November 17, will be released on Tuesday and Wednesday, respectively. "
  • Crude oil forecast: continues to recover – 21 November 2023. According to DailyForex on Tuesday, 21 November, "The West Texas Intermediate (US Oil) Crude Oil market continued its upward trajectory on Monday, building upon the recovery trend that commenced last week. "
  • According to FXStreet on Monday, 20 November, "West Texas Intermediate (WTI) Crude Oil prices build on last week’s goodish rebound from the $72.40-$72.35 area, or the lowest level since July 7 and gain some follow-through positive traction for the second successive day on Monday. ", "Moreover, worries that a deeper global economic downturn will dent fuel demand might continue to undermine Crude Oil prices and keep a lid on any further gains. "

More news about Platinum (PL).

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