(VIANEWS) – Platinum (PL) has been up by 5% for the last 10 sessions. At 20:51 EST on Wednesday, 21 August, Platinum (PL) is $974.00.
Volume
Today’s last reported volume for Platinum is 445, 99.99% below its average volume of 7068720524.96.
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)
- Silver, platinum and palladium lag behind gold – commerzbank. According to FXStreet on Tuesday, 20 August, "We think that silver, Platinum and Palladium will catch up slightly with Gold next year, as the economic outlook is likely to brighten as a result of the interest rate cuts. ", "Commerzbank’s experts continue to expect Silver to end the year at $30 per troy ounce, Platinum at $1,100 per troy ounce and Palladium at $1,050 per troy ounce. "
News about
- According to FXStreet on Tuesday, 20 August, "That said, the risk of a further escalation of geopolitical tensions could lend some support to Crude Oil prices and help limit losses."
- According to FXStreet on Tuesday, 20 August, "These were mainly driven by higher shipments of milk powder, butter, and cheese (+11%); fruit (+28%); preparations of milk, cereals, flour, and starch (+86%); and Crude Oil (+310%)."
More news about Platinum (PL).
