(VIANEWS) – Platinum (PL) has been up by 8.95% for the last 21 sessions. At 07:50 EST on Tuesday, 5 December, Platinum (PL) is $921.40.
Volume
Today’s last reported volume for Platinum is 1558, 99.99% below its average volume of 8738050865.61.
Volatility
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.50%, 0.74%, and 1.36%, respectively.
Platinum’s highest amplitude of average volatility was 0.82% (last week), 1.50% (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
- Crude oil: weekly forecast 3rd December – 9th December – 03 December 2023. According to DailyForex on Sunday, 3 December, "Speculators who continue to search for higher values based on the notion that WTI Crude Oil is still too inexpensive should note demand remains relatively light due to global recessionary concerns. ", "Speculative conditions in WTI Crude Oil certainly played into the volatility produced last week. "
- Crude oil forecast: looks rangebound – 04 December 2023. According to DailyForex on Monday, 4 December, "Starting with the West Texas Intermediate Crude Oil market, Friday’s trading session was marked by extreme volatility, reflecting the ongoing challenges that the crude oil sector is grappling with. "
More news about Platinum (PL).
