Platinum Futures Went Up By Over 5% In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 5.79% for the last 5 sessions. At 07:52 EST on Friday, 17 November, Platinum (PL) is $899.30.

Volume

Today’s last reported volume for Platinum is 1529, 99.99% below its average volume of 8679208586.84.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 2.63%, 0.75%, and 1.36%, respectively.

Platinum’s highest amplitude of average volatility was 2.63% (last week), 1.45% (last month), and 1.36% (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

  • According to FXStreet on Thursday, 16 November, "Additionally, the decline in Crude Oil prices contributes to this movement, especially considering Canada’s status as the largest oil exporter to the United States (US).", "On Canada’s side, the declines in Crude Oil prices are bolstering the strength of the USD/CAD pair. "

More news about Platinum (PL).

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