(VIANEWS) – Platinum (PL) has been up by 8.65% for the last 21 sessions. At 04:51 EST on Wednesday, 24 January, Platinum (PL) is $918.50.
Volume
Today’s last reported volume for Platinum is 3915, 99.99% below its average volume of 8297399102.74.
Volatility
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.68%, 0.71%, and 1.29%, respectively.
Platinum’s highest amplitude of average volatility was 1.68% (last week), 0.96% (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 overbought (>=80).
News about
- Crude oil climbs as geopolitical tensions highlight supply weak points. According to FXStreet on Monday, 22 January, "2024 sees global oil production output and exporting continuing to climb despite hopeful production quotas from the Organization of the Petroleum Exporting Countries (OPEC) getting undercut by US Crude Oil production rising into historical highs.", "Despite ongoing geopolitical tensions and the risk they pose to Crude Oil supply, global production continues to keep prices capped after 2023’s fearful bids on the possibility of constrained energy markets failing to meet barrel demand bore almost no fruit."
More news about Platinum (PL).
