Platinum Futures Bullish By 6% In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 6.58% for the last 10 sessions. At 14:50 EST on Wednesday, 26 June, Platinum (PL) is $1,018.20.

Volume

Today’s last reported volume for Platinum is 7408, 99.99% below its average volume of 7364932552.84.

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 Tuesday, 25 June, "At the time of writing, Crude Oil (WTI) trades at $80.89 and Brent Crude at $84.65."
  • Crude oil slips back on Tuesday, WTI falls to $80.50 after API reports another surprise buildup. According to FXStreet on Tuesday, 25 June, "Adding onto this, the Organization of the Petroleum Exporting Countries (OPEC) and its extended network of non-member ally states, OPEC+, are set to begin phasing out voluntary production cuts meant to bolster global Crude Oil prices. ", "Barrel traders, who have been propping up Crude Oil prices on fears of the Israel-Palestinian Hamas conflict might spill over into neighboring countries, have yet to see any actual disruptions in Crude Oil production."

More news about Platinum (PL).

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