(VIANEWS) – Platinum (PL) has been up by 4.38% for the last 10 sessions. At 11:54 EST on Monday, 22 May, Platinum (PL) is $1,076.90.
Volume
Today’s last reported volume for Platinum is 8115, 99.99% below its average volume of 10507027355.58.
Volatility
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.81%, a negative 0.19%, and a positive 1.56%, respectively.
Platinum’s highest amplitude of average volatility was 1.40% (last week), 1.31% (last month), and 1.56% (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
- According to DailyForex on Sunday, 21 May, "The West Texas Intermediate Crude Oil market has rallied to show signs of life during the course of the week, but we still see a lot of noise above and ultimately it is a situation where we are trying to figure out where to go from here, due to the fact that oil is so highly sensitive to the global economy, which of course is all over the place at the moment. "
- According to DailyForex on Sunday, 21 May, "The West Texas Intermediate Crude Oil market has rallied to show signs of life during the course of the week, but we still see a lot of noise above and ultimately it is a situation where we are trying to figure out where to go from here, due to the fact that oil is so highly sensitive to the global economy, which of course is all over the place at the moment. "
- According to FXStreet on Monday, 22 May, "Support from a weakening US Dollar, however, lifts Crude Oil back up to Friday’s close after the weak open.", "At the time of writing, WTI Oil is trading in the upper $71s and Brent Crude Oil in the mid $75s."
- According to FXStreet on Monday, 22 May, "A modest intraday bounce in Crude Oil prices underpins the commodity-linked Loonie and turns out to be a key factor acting as a headwind for the USD/CAD pair amid subdued US Dollar (USD) price action. ", "This, in turn, is expected to dent fuel demand, should cap the upside for the Crude Oil prices and contribute to limiting any meaningful slide for the USD/CAD pair."
More news about Platinum (PL).
