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Platinum Futures Bullish By 4% In The Last 10 Sessions

ViaNews Editorial Team

January 29, 2024

Platinum Futures Bullish By 4% In The Last 10 Sessions
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(VIANEWS) - Platinum (PL) has been up by 4.69% for the last 10 sessions. At 10:50 EST on Monday, 29 January, Platinum (PL) is $933.30.

Volume

Today's last reported volume for Platinum is 16742, 99.99% below its average volume of 8351161987.6.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was 1.51%, 0.83%, and 1.32%, respectively.

Platinum's highest amplitude of average volatility was 1.93% (last week), 1.13% (last month), and 1.32% (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

  • WTI crude oil weekly forecast: move higher as risk adds to complicated price - 28 January 2024. According to DailyForex on Sunday, 28 January, "Large players within the Crude Oil sector have solid market intelligence regarding the status of shipping and likely have information which will allow them to react quicker than smaller speculators. ", "The ability of WTI Crude Oil to trade lower early this week if larger players are tranquil certainly exists. "

More news about Platinum (PL).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.