(VIANEWS) – Platinum (PL) has been up by 2.59% for the last 5 sessions. At 22:50 EST on Monday, 5 February, Platinum (PL) is $907.70.
Volume
Today’s last reported volume for Platinum is 1262, 99.99% below its average volume of 8270776680.55.
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
- According to FXStreet on Monday, 5 February, "West Texas Intermediate (WTI) US Crude Oil prices extend last week’s rejection slide from the 100-day Simple Moving Average (SMA), around the $79.20 area, or the YTD peak, and drift lower for the fourth successive day on Monday. ", "This continues to act as a tailwind for the US Dollar (USD) and turns out to be a key factor undermining demand for dollar-denominated commodities, including Crude Oil prices. "
- WTI crude oil weekly forecast: mid-term support challenged as risks escalate – 04 February 2024. According to DailyForex on Sunday, 4 February, "Traders who are betting on a sudden reversal higher in WTI Crude Oil and dreaming of big profits need to stay realistic. ", "The Red and Arabian seas are still seeing shipments of Crude Oil and production has not been harmed. "
- Crude oil forecast: crude falls after NFP jobs number surprises – 05 February 2024. According to DailyForex on Monday, 5 February, "The West Texas Intermediate Crude Oil Market has been particularly affected by this downward trend. "
More news about Platinum (PL).
