Platinum Futures Jumps By 2% In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.96% for the last 5 sessions. At 11:50 EST on Wednesday, 11 September, Platinum (PL) is $960.30.

Volume

Today’s last reported volume for Platinum is 23131, 99.99% below its average volume of 6992025849.99.

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).

Previous days news about Platinum (PL)

  • WPIC revises platinum supply deficit significantly upwards – commerzbank. According to FXStreet on Tuesday, 10 September, "We remain convinced that the Platinum price has considerable upside potential.", "The WPIC has added demand for larger Platinum bars in China as a new investment category, which is expected to be quite robust this year. "

News about

  • Crude oil bears over 8% loss for September. According to FXStreet on Wednesday, 11 September, "At the time of writing, Crude Oil (WTI) trades at $65.52and Brent Crude at $69.16"

More news about Platinum (PL).

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