(VIANEWS) – Platinum (PL) has been up by 12.66% for the last 21 sessions. At 05:54 EST on Wednesday, 26 April, Platinum (PL) is $1,120.00.
Volume
Today’s last reported volume for Platinum is 4048, 99.99% below its average volume of 10593386278.19.
Volatility
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.31%, 1.06%, and 1.61%, respectively.
Platinum’s highest amplitude of average volatility was 1.69% (last week), 1.68% (last month), and 1.61% (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).
Previous days news about Platinum (PL)
- Etfs to ride the platinum rally. According to Zacks on Monday, 24 April, "Aberdeen Standard Physical Platinum Shares ETF (PPLT Quick QuotePPLT – Free Report) The fund seeks to match the price of platinum. ", "The fund trades in an average daily volume of 46,000 shares.iPath Series B Bloomberg Platinum Subindex Total Return ETN (PGM Quick QuotePGM – Free Report) With AUM of $6.4 million, this fund follows the Bloomberg Platinum Subindex Total Return, which reflects the returns that are potentially available through an unleveraged investment in the futures contracts on platinum. "
- Time for platinum etfs as the "sleeping beauty" awakens?. According to Zacks on Monday, 24 April, "abrdn Physical Platinum Shares ETF (PPLT Quick QuotePPLT – Free Report) , GraniteShares Platinum Trust (PLTM Quick QuotePLTM – Free Report) and iPath Series B Bloomberg Platinum Subindex Total Return ETN (PGM Quick QuotePGM – Free Report) have gained about 12-13% each in the past month. ", "Outperforming gold and silver, platinum is an attractive asset for investors seeking value in the precious metals sector, according to the World Platinum Investment Council, as quoted on Kitco.com."
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