(VIANEWS) – Platinum (PL) has been up by 9.26% for the last 10 sessions. At 11:55 EST on Monday, 8 April, Platinum (PL) is $979.10.
Volume
Today’s last reported volume for Platinum is 33860, 99.99% below its average volume of 7882953635.54.
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
- WTI crude oil weekly forecast: resistance vulnerable as values escalate anew – 07 April 2024. According to DailyForex on Sunday, 7 April, "WTI Crude Oil is only trading slightly above the price it traversed at this time last year. ", "The ability of WTI Crude Oil needs to be looked at with careful perspectives and make sure that buying positions aren’t merely reacting to noise from the media which looks for easy excuses to explain upswings in prices. "
- According to FXStreet on Monday, 8 April, "Apart from this, the OPEC+ clampdown on some countries to increase compliance with output cuts, along with a strong demand outlook, acts as a tailwind for Crude Oil prices. ", "This, along with the upbeat US NFP-inspired US Dollar (USD) strength, prompts some profit-taking around Crude Oil prices, especially after the recent blowout rally witnessed over the past two months or so."
- Crude oil forecast: continues to power higher – 08 April 2024. According to DailyForex on Monday, 8 April, "The West Texas Intermediate Crude Oil market initially pulled back during the day on Friday as we were waiting for the jobs number. ", "At this point, I fully anticipate that the WTI Crude Oil marketers looking to the $87.50 level next, followed by the $90 level above."
More news about Platinum (PL).
