(VIANEWS) – Platinum (PL) has been up by 5.08% for the last 10 sessions. At 04:50 EST on Thursday, 21 December, Platinum (PL) is $968.50.
Volume
Today’s last reported volume for Platinum is 501, 99.99% below its average volume of 8479359113.54.
Volatility
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.10%, a positive 0.76%, and a positive 1.43%, respectively.
Platinum’s highest amplitude of average volatility was 0.96% (last week), 1.33% (last month), and 1.43% (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
- Crude oil forecast: markets recover from lows – 20 December 2023. According to DailyForex on Wednesday, 20 December, "As we approach the holiday season, a reduction in market liquidity is anticipated, potentially amplifying the noise and volatility in Crude Oil prices. ", "This trend is emblematic of the noisy and unpredictable behavior that has become the hallmark of Crude Oil trading, further compounded by a confluence of factors concurrently impacting the market."
- According to FXStreet on Wednesday, 20 December, "The USD/CAD is getting pushed lower as broader markets see a healthy risk bid that is forcing down the US Dollar (USD) and a bump in Crude Oil bids is propping up the Canadian Dollar (CAD) while the Bank of Canada (BoC) sees lower odds of inflation risks making a reappearance.", "West Texas Intermediate (WTI) US Crude Oil is back over $74 per barrel, helping to bolster the Canadian Dollar into one of the best-performing currencies of the major bloc."
More news about Platinum (PL).
