(VIANEWS) – Platinum (PL) has been up by 4% for the last 10 sessions. At 14:50 EST on Friday, 18 October, Platinum (PL) is $1,027.40.
Volume
Today’s last reported volume for Platinum is 21791, 99.99% below its average volume of 6742093645.43.
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 Wednesday, 16 October, "West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on the overnight modest bounce from the $69.25 area, or a two-week low and attract some sellers during the Asian session on Wednesday. ", "Adding to this, OPEC lowered its forecast for global oil demand growth in 2024 and 2025 and in turn, validates the negative outlook for Crude Oil prices."
- Crude oil sell-off eases amid political calls in Israel to strike iranian oil fields. According to FXStreet on Wednesday, 16 October, "At the time of writing, Crude Oil (WTI) trades at $69.70 and Brent Crude at $73.66."
More news about Platinum (PL).
