Platinum Futures Went Down By Over 3% In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 3.22% for the last 5 sessions. At 10:52 EST on Monday, 26 February, Platinum (PL) is $882.50.

Volume

Today’s last reported volume for Platinum is 18064, 99.99% below its average volume of 8140185839.4.

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

  • WTI crude oil weekly forecast: prices turn lower towards near-term support – 25 February 2024. According to DailyForex on Sunday, 25 February, "WTI Crude Oil has traded within a higher price range the past couple of weeks without any significant selling storms which have proven long lasting. ", "WTI Crude Oil also tested lows on Wednesday of last week before the brief run higher it should be noted."
  • Usd/cad sticks to intraday gains around 1.3525 amid weaker crude oil prices. According to FXStreet on Monday, 26 February, "Spot prices stick to modest intraday gains through the first half of the European session and currently trade around the 1.3525 region amid weaker Crude Oil prices.", "It, however, remains to be seen if spot prices could extend the momentum amid worries about supply disruptions in the Middle East, which could act as a tailwind for Crude Oil prices."

More news about Platinum (PL).

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