Platinum Futures Falls By 4% In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 4.85% for the last 10 sessions. At 22:52 EST on Wednesday, 6 December, Platinum (PL) is $893.90.

Volume

Today’s last reported volume for Platinum is 23186, 99.99% below its average volume of 8611553595.3.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.50%, 0.82%, and 1.35%, respectively.

Platinum’s highest amplitude of average volatility was 0.82% (last week), 1.43% (last month), and 1.35% (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: looks rangebound – 04 December 2023. According to DailyForex on Monday, 4 December, "Starting with the West Texas Intermediate Crude Oil market, Friday’s trading session was marked by extreme volatility, reflecting the ongoing challenges that the crude oil sector is grappling with. "
  • According to FXStreet on Wednesday, 6 December, " Looking ahead, oil traders will monitor the US ADP Employment Change for November and EIA Crude Oil Stocks Change, due later on Wednesday. "

More news about Platinum (PL).

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