Platinum Futures Went Down By Over 7% In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 7.53% for the last 10 sessions. At 01:52 EST on Wednesday, 17 January, Platinum (PL) is $900.10.

Volume

Today’s last reported volume for Platinum is 3663, 99.99% below its average volume of 8333163743.5.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.90%, 0.64%, and 1.24%, respectively.

Platinum’s highest amplitude of average volatility was 0.90% (last week), 0.82% (last month), and 1.24% (last quarter), respectively.

News about

  • Crude oil struggles to pick a direction as geopolitical tensions and rebel attacks mire the outlook. According to FXStreet on Monday, 15 January, "West Texas Intermediate (WTI) US Crude Oil saw weakness in early Monday trading, falling to a near-term low of $71.40 before rebounding to $72.50 following a fresh rocket attack on a civilian cargo ship by Iran-backed Houthi rebels in Yemen. ", "The American Petroleum Institute (API) will be delivering their latest Weekly Crude Oil Stock counts for the week ended January 12th on Wednesday, followed by the Energy Information Administration’s (EIA) Natural Gas Storage and Crude Oil Stocks Change on Thursday."
  • Crude oil continues to churn on rebel attack concerns, WTI roils near $72. According to FXStreet on Tuesday, 16 January, "According to the Energy Information Administration (EIA), US Crude oIl production facilities slightly increased net output this week after production from the Permian Basin climbed 5.5K barrels per day to 5.974 million bpd, pushing US Crude Oil output even higher despite slight easing in production from the Eagle Ford production center (down 2K bpd to 1.147 million bpd) and the Bakken oil production facility (down 500 bpd at 1.303 million bpd).", "November’s increase in Canadian Crude Oil production makes Canada the fourth-largest producer of barrels globally."

More news about Platinum (PL).

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