(VIANEWS) – Platinum (PL) has been up by 7.54% for the last 10 sessions. At 11:53 EST on Thursday, 5 October, Platinum (PL) is $863.70.
Volume
Today’s last reported volume for Platinum is 12218, 99.99% below its average volume of 9065854723.13.
Volatility
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.43%, a negative 0.02%, and a positive 1.23%, respectively.
Platinum’s highest amplitude of average volatility was 0.99% (last week), 1.28% (last month), and 1.23% (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
- WTI sees minor recovery for Tuesday as supply constraints remain a concern, crude oil trying to reclaim $88.50. According to FXStreet on Tuesday, 3 October, "Energies traders will be awaiting the US’ API Weekly Crude Oil Stocks update for the week into September 29th due late in the Tuesday trading session. ", "West Texas Intermediary (WTI) Crude Oil barrel prices staged a mild rally to recover the $88.50 level after finishing a week-long plunge into three-week lows as broad-market risk aversion sent market participants fleeing into safe havens."
- According to FXStreet on Wednesday, 4 October, "Nevertheless, the data might infuse some volatility and produce some trading opportunities around Crude Oil prices.", "This, along with worries that economic headwinds stemming from rapidly rising borrowing costs could dent fuel demand, might contribute to keeping a lid on any meaningful upside for Crude Oil prices."
- According to FXStreet on Tuesday, 3 October, "Oil-dependent CAD is catching only minor support from Crude Oil prices, which are seeing a minor rebound after halting a three-day decline."
More news about Platinum (PL).
