(VIANEWS) – Platinum (PL) has been up by 8.96% for the last 21 sessions. At 08:54 EST on Thursday, 13 June, Platinum (PL) is $957.20.
Volume
Today’s last reported volume for Platinum is 13399, 99.99% below its average volume of 7393096603.66.
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
- Crude oil at risk of snapping recovery streak as markets head towards Wednesday’s fed showing. According to FXStreet on Tuesday, 11 June, "API Crude Oil stocks for the week ended June 7 contracted by 2.428 million barrels, steeper than the forecast -1.75 million drawdown and helping to eat away at the previous week’s 4.052 million barrel buildup.", "Despite investor sentiment drifting lower ahead of a key Fed outing on Wednesday, Crude Oil markets held steady after the American Petroleum Institute (API) reported a steeper-than-expected drawdown in Weekly Crude Oil Stocks. "
- Crude oil rally stumbles after fed leans away from rate cuts, WTI falls back below $78. According to FXStreet on Wednesday, 12 June, "West Texas Intermediate (WTI) US Crude Oil rose through Wednesday’s early trading, hitting a fresh June high near $79.00 per barrel before slumping back below $78.00 after the Energy Information Administration (EIA) reported another buildup in US Crude Oil supplies coupled with another Federal Reserve (Fed) rate hold.", "The Energy Information Administration (EIA) reported another unexpected buildup in US Crude Oil Stocks Change for the week ended June 7, adding 3.73 million barrels to the previous week’s 1.233 million, washing out the forecast contraction of -1.55 million."
More news about Platinum (PL).
