(VIANEWS) - Platinum (PL) has been up by 8.25% for the last 21 sessions. At 02:50 EST on Thursday, 26 September, Platinum (PL) is $1,004.30.
Volume
Today's last reported volume for Platinum is 1912, 99.99% below its average volume of 6904625843.98.
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).
Previous days news about Platinum (PL)
- Forecast revisions also for silver, platinum and palladium – commerzbank. According to FXStreet on Tuesday, 24 September, "By contrast, we have revised downwards our forecast for Platinum to $1,000 per troy ounce at the end of the year, from $1,100 previously. ", "In mid-2025, we expect Platinum to trade at $1,050, and at $1,150 at the end of 2025 (previously $1,150 and $1,250, respectively)."
News about
- According to FXStreet on Tuesday, 24 September, "This is seen underpinning demand for USD-denominated commodities and lending some support to Crude Oil prices.", "The aforementioned mixed fundamental backdrop warrants some caution before placing aggressive directional bets around Crude Oil prices as traders opt to wait for more cues about the Fed's rate-cut path. "
- According to FXStreet on Wednesday, 25 September, " Oil traders will take more cues from the weekly EIA Crude Oil stockpiles report, which is due later on Wednesday. "
- Crude oil jumps above $72 as China issues cash injection, UN assembles. According to FXStreet on Tuesday, 24 September, "Crude Oil is not enjoying one but three catalysts, all taking place simultaneously, which are driving Crude Oil prices above the $71.46 (the February 5 low) key level. ", "Meanwhile, the geopolitical front is supporting a higher Crude Oil price even with the United Nations (UN) having an emergency assembly later this Tuesday after the intense strikes in Lebanon by Israel over the past few days."
More news about Platinum (PL).