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MarketCommodities

Platinum Futures Went Up By Over 4% In The Last 10 Sessions

ViaNews Editorial Team

December 20, 2023

Platinum Futures Went Up By Over 4% In The Last 10 Sessions

(VIANEWS) - Platinum (PL) has been up by 4.1% for the last 10 sessions. At 13:52 EST on Wednesday, 20 December, Platinum (PL) is $959.50.

Volume

Today's last reported volume for Platinum is 4599, 99.99% below its average volume of 8526103004.19.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was 0.88%, 0.80%, and 1.43%, respectively.

Platinum's highest amplitude of average volatility was 1.93% (last week), 1.37% (last month), and 1.43% (last quarter), respectively.

News about

  • WTI looking to keep afloat above $74.00 as crude oil tries to shake off continuing supply buildup. According to FXStreet on Tuesday, 19 December, "The US Department of Energy (DoE) reported on Monday that barrel counts within the Strategic Petroleum Reserve had climbed by 600K barrels, and Crude Oil markets will be looking ahead to Wednesday's Energy Information Administration's (EIA) crude reserve count figures.", "Even with rebel attacks on tankers sending jitters through energies markets, the upside remains frustratingly elusive for Crude Oil prices, with WTI managing to hold onto the $74.00 handle but little more as crude barrel reserves continue to build up at a much faster pace than oil traders had predicated earlier in the year."
  • According to FXStreet on Monday, 18 December, "The US Crude Oil benchmark, also known as West Texas Intermediate (WTI), has risen more than 2% on geopolitical risks as a militant group linked to Iran continues to attack ships around the Red Sea. ", "Meanwhile, an increase in supply cushioned WTI's rise on Monday, but Russia and Saudi Arabia, extending Crude Oil production cuts to the first quarter of 2024, are underpinning Oil prices."
  • According to FXStreet on Wednesday, 20 December, "American Petroleum Institute (API) Weekly Crude Oil Stock on the week ending on December 15, rose to 0.939M, swinging from the previous decline of 2.349M figures. ", "The US Energy Information Administration is set to release the Crude Oil Stocks Change report on Wednesday. "

More news about Platinum (PL).

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ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.