Platinum Futures Went Up By Over 8% In The Last 21 Sessions

(VIANEWS) – Platinum (PL) has been up by 8.47% for the last 21 sessions. At 14:50 EST on Friday, 1 September, Platinum (PL) is $968.10.

Volume

Today’s last reported volume for Platinum is 19959, 99.99% below its average volume of 9206159020.68.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 1.54%, 0.75%, and 1.19%, respectively.

Platinum’s highest amplitude of average volatility was 1.54% (last week), 1.14% (last month), and 1.19% (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

  • WTI renews weekly top above $81.00 as API crude oil inventories deplete, geopolitical fears grow. According to FXStreet on Wednesday, 30 August, "API Weekly Crude Oil Stock marked the biggest slump since September 2016 while posting a fall of 11.486 million barrels (M) into the inventories versus the previous week’s decline of -2.418M. "
  • According to FXStreet on Wednesday, 30 August, "Additionally, a heavy draw of the US inventories, per the American Petroleum Institute’s (API) weekly Crude Oil Stocks Change data, also underpins the black gold’s run-up."

More news about Platinum (PL).

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