Platinum Futures Went Down By Over 5% In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 5.68% for the last 10 sessions. At 02:52 EST on Thursday, 5 September, Platinum (PL) is $912.70.

Volume

Today’s last reported volume for Platinum is 2777, 99.99% below its average volume of 7004692531.65.

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)

  • Platinum: position sizes remain modest – TDS. According to FXStreet on Wednesday, 4 September, "Even a small reversal in prices can now spark massive CTA buying activity in Platinum markets, with CTAs potentially adding up to +60% of their max size over the coming week in this scenario. ", "However, a substantial increase in SGE Platinum volumes amid slumping prices suggests dip buyers have emerged in physical markets."

More news about Platinum (PL).

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