(VIANEWS) – Platinum (PL) has been up by 6.29% for the last 10 sessions. At 13:52 EST on Friday, 9 February, Platinum (PL) is $879.60.
Volume
Today’s last reported volume for Platinum is 18822, 99.99% below its average volume of 8021967298.35.
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 Friday, 9 February, "This, to a larger extent, offsets the US refinery maintenance, which, along with a bullish US Dollar (USD), bolstered by hawkish Federal Reserve (Fed) expectations, keeps a lid on Crude Oil prices.", "In the meantime, the lower US output growth forecast by the Energy Information Administration (EIA), along with persistent geopolitical risks, might continue to lend some support to Crude Oil prices."
- Crude oil continues thin recovery, WTI struggles to reclaim $74. According to FXStreet on Wednesday, 7 February, "The EUA reported that US Crude Oil inventories climbed by 5.521 million barrels for the week ended February 2, well above the forecast 1.895 million barrel buildup. ", "US Crude Oil is seen rising to 13.21 million bpd through 2024 and then climbing to 13.49 million bpd in 2025."
More news about Platinum (PL).
