(VIANEWS) – Platinum (PL) has been up by 5.97% for the last 10 sessions. At 17:52 EST on Thursday, 14 September, Platinum (PL) is $910.50.
Today’s last reported volume for Platinum is 22170, 99.99% below its average volume of 9184291846.13.
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.39%, 0.45%, and 1.22%, respectively.
Platinum’s highest amplitude of average volatility was 1.22% (last week), 1.23% (last month), and 1.22% (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).
- According to DailyForex on Tuesday, 12 September, "Higher Crude Oil Price and a Potential Reaction in the USD/CADLast week’s high in the USD/CAD took place after the higher prices of WTI Crude Oil had already been produced earlier in the week."
- According to FXStreet on Tuesday, 12 September, " Looking ahead, oil traders await the API Weekly Crude Oil Stock and EIA Crude OilStocksChange data for the week ending September 8 due on Wednesday. "
- According to FXStreet on Tuesday, 12 September, "The performance of exchange-traded funds such as the United States Oil Fund NYSEARCA: USO and ProShares K 1 Free Crude Oil Strategy ETF (BATS: OILK) illustrate the broad industry-wide rally in the past couple of weeks."
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