(VIANEWS) – Platinum (PL) has been up by 2.5% for the last 5 sessions. At 08:50 EST on Thursday, 26 October, Platinum (PL) is $919.10.
Volume
Today’s last reported volume for Platinum is 10000, 99.99% below its average volume of 8898934782.99.
Volatility
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.38%, 0.76%, and 1.20%, respectively.
Platinum’s highest amplitude of average volatility was 0.54% (last week), 1.31% (last month), and 1.20% (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 overbought (>=80).
News about
- Crude oil extends declines, WTI aimed for $82 per barrel. According to FXStreet on Tuesday, 24 October, "Tuesday’s decline for WTI Crude Oil sees US barrel prices tapping a fresh one-week low at $82.76, and the current downside barrier for barrel sellers will be early October’s price floor of $80.63, with the 200-day Simple Moving Average (SMA) sitting near $78.00.", "The big miss for EU PMI figures, combined with a USD-boosting US PMI beat, is increasing USD-denominated barrel costs and crumbling investor expectations for rising EU-based Crude Oil demand moving forward."
- According to FXStreet on Wednesday, 25 October, "West Texas Intermediary (WTI) Crude Oil prices oscillate in a narrow trading band during the Asian session on Wednesday and consolidates the recent heavy losses to over a one-week low touched the previous day. ", "That said, indications of strong fuel demand in the United States (US), even after the end of the summer season, and tightening global supplies help limit losses for Crude Oil prices."
- Crude oil forecast: looks bullish despite the pullback – 24 October 2023. According to DailyForex on Tuesday, 24 October, "The West Texas Intermediate (WTI) Crude Oil market experienced an initial decline on Monday, reflecting some hesitation among traders. ", "In the end, both WTI Crude Oil and Brent markets have shown resilience in the face of recent fluctuations. "
More news about Platinum (PL).
