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MarketCommodities

Platinum Futures Jumps By 2% In The Last 5 Sessions

ViaNews Editorial Team

October 10, 2023

Platinum Futures Jumps By 2% In The Last 5 Sessions

(VIANEWS) - Platinum (PL) has been up by 2.45% for the last 5 sessions. At 20:50 EST on Monday, 9 October, Platinum (PL) is $896.00.

Volume

Today's last reported volume for Platinum is 790, 99.99% below its average volume of 9206159522.97.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was 1.17%, 0.27%, and 1.21%, respectively.

Platinum's highest amplitude of average volatility was 1.17% (last week), 1.31% (last month), and 1.21% (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, 9 October, "This, along with concerns that economic headwinds stemming from higher interest rates in the United States (US) will dent fuel demand, further contributes to capping the upside for Crude Oil prices. ", "West Texas Intermediary (WTI) Crude Oil prices catches aggressive bids on the first day of a new week and recover a part of last week's heavy losses to over a one-month low, around the $80.65 region touched on Friday. "
  • Crude oil signal: markets find stability amidst selling pressure - 09 October 2023. According to DailyForex on Monday, 9 October, "The West Texas Intermediate Crude Oil market exhibited resilience during Friday's trading session, despite the unexpected impact of the Non-Farm Payroll announcement. "

More news about Platinum (PL).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.