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Platinum Futures Drops By 2% In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.25% for the last 5 sessions. At 19:52 EST on Friday, 8 December, Platinum (PL) is $924.20.

Volume

Today’s last reported volume for Platinum is 15468, 99.99% below its average volume of 8470071499.22.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.38%, a positive 0.86%, and a positive 1.36%, respectively.

Platinum’s highest amplitude of average volatility was 1.10% (last week), 1.39% (last month), and 1.36% (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 overbought (>=80).

News about

  • Crude oil forecast: break down – 07 December 2023. According to DailyForex on Thursday, 7 December, "This trend is evident in both West Texas Intermediate (WTI) and Brent crude oil markets, reflecting growing concerns about a potential major recession and a consequent reduction in oil demand.WTI Crude Oil Market Trends", "In the WTI Crude Oil market, the downward movement has been particularly pronounced. "

More news about Platinum (PL).

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