(VIANEWS) – Platinum (PL) has been up by 9.02% for the last 21 sessions. At 17:54 EST on Wednesday, 29 May, Platinum (PL) is $1,046.20.
Platinum price today: platinum falls, according to fxstreet data
The price for Platinum stood at 34.17 United States Dollars (USD) per gram, down USD 0.05 compared with the USD 34.23 it cost on Tuesday., FXStreet calculates Platinum prices in United States by adapting international prices (USD/USD) to the local currency and measurement units.
Volume
Today’s last reported volume for Platinum is 22734, 99.99% below its average volume of 7515236877.54.
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
- Crude oil stretches gains, WTI tests $78.50 ahead of inflation data and looming opec+ meeting. According to FXStreet on Monday, 27 May, "The Organization of the Petroleum Exporting Countries (OPEC) and its extended membership network, OPEC+, are broadly expected to maintain voluntary production caps that were initially adopted in 2023 to prop up global Crude Oil prices. ", "US Crude Oil rebounded on Monday, extending a near-term rebound from the $76.00 handle, however, bullish momentum faces immediate technical resistance at the $80.00 price level. "
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