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Platinum Futures Is 2% Down In The Last 5 Sessions

ViaNews Editorial Team

December 8, 2023

Platinum Futures Is 2% Down In The Last 5 Sessions
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(VIANEWS) - Platinum (PL) has been up by 2.87% for the last 5 sessions. At 04:53 EST on Friday, 8 December, Platinum (PL) is $914.00.

Volume

Today's last reported volume for Platinum is 479, 99.99% below its average volume of 8516712841.89.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was a negative 0.38%, a positive 0.86%, and a positive 1.36%, respectively.

Platinum's highest amplitude of average volatility was 1.10% (last week), 1.39% (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 overbought (>=80).

News about

  • According to FXStreet on Wednesday, 6 December, "Consequently, Crude Oil inventories fell by 4.6 million barrels, exceeding the 1.4 million foreseen."
  • Crude oil forecast: seems to be stuck in the same range - 06 December 2023. According to DailyForex on Wednesday, 6 December, "In the West Texas Intermediate (WTI) Crude Oil market, resilience was a key theme. "

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.