Platinum Futures Jumps By 6% In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 6.22% for the last 10 sessions. At 20:54 EST on Thursday, 19 September, Platinum (PL) is $988.40.

Volume

Today’s last reported volume for Platinum is 612, 99.99% below its average volume of 6898466456.87.

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 Thursday, 19 September, "Additionally, WTI Oil prices may have found support after the US Energy Information Administration (EIA) reported a larger-than-expected decline in Crude Oil Stocks Change, which dropped by 1.63 million barrels to 417.5 million, far exceeding the forecasted 0.1 million-barrel draw for the week ending September 13. "
  • According to FXStreet on Thursday, 19 September, "This, along with the emergence of fresh US Dollar (USD) selling, turn out to be key factors pushing Crude Oil prices higher. ", "Adding to this, lingering concerns about weak global demand might cap any further appreciating move for Crude Oil prices. "

More news about Platinum (PL).

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