(VIANEWS) – Platinum (PL) has been up by 7.51% for the last 21 sessions. At 05:54 EST on Thursday, 3 October, Platinum (PL) is $1,000.40.
Volume
Today’s last reported volume for Platinum is 5671, 99.99% below its average volume of 6886180788.1.
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
- According to FXStreet on Tuesday, 1 October, "This, along with some follow-through US Dollar (USD) buying, bolstered by the Federal Reserve (Fed) Chair Jerome Powell’s relatively hawkish remarks on Monday, turn out to be key factors weighing on Crude Oil prices.", "This, in turn, validates the bearish outlook and suggests that the path of least resistance for Crude Oil prices remains to the downside."
- According to Zacks on Tuesday, 1 October, "Invesco DB Oil Fund (DBO Quick QuoteDBO – Free Report) , ProShares K-1 Free Crude Oil Strategy ETF (OILK Quick QuoteOILK – Free Report) and United States 12 Month Oil Fund LP (USL Quick QuoteUSL – Free Report) are some of the oil ETFs that should be closely tracked in the current scenario."
More news about Platinum (PL).
