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Platinum Futures Over 12% Up In The Last 21 Sessions

Platinum Futures Over 12% Up In The Last 21 Sessions
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(VIANEWS) - Platinum (PL) has been up by 12.75% for the last 21 sessions. At 11:50 EST on Thursday, 16 May, Platinum (PL) is $1,063.50.

Volume

Today's last reported volume for Platinum is 27056, 99.99% below its average volume of 7529872037.29.

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 Wednesday, 15 May, "For the week ending May 10, the API Weekly Crude Oil Stock dropped 3.104 million barrels, significantly exceeding the forecasted 1.35 million-barrel decline. "
  • According to FXStreet on Wednesday, 15 May, "At the time of writing, Crude Oil (WTI) trades at $77.22and Brent Crude at $81.61."

More news about Platinum (PL).

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.