Platinum Futures Bullish Momentum With A 2% Jump In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.81% for the last 5 sessions. At 23:50 EST on Tuesday, 10 October, Platinum (PL) is $888.90.

Volume

Today’s last reported volume for Platinum is 1169, 99.99% below its average volume of 9108567801.59.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.73%, 0.35%, and 1.24%, respectively.

Platinum’s highest amplitude of average volatility was 1.73% (last week), 1.38% (last month), and 1.24% (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 Monday, 9 October, "Israel is preparing for retaliation while it proclaimed that Iran is behind the attacks, with Western leaders not yet confirming or backing these findings, showing the sensitivity of the matter and the interest in Crude Oil supply out of the region."
  • According to DailyForex on Monday, 9 October, "The price of Crude Oil remains a troubling consideration for potential inflation, but the price of the commodity has come off highs seen a bit more than one week ago. ", "While the price of Crude Oil has dropped, the decline was likely not a significant factor in the buying of the USD/MXN."

More news about Platinum (PL).

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