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Platinum Futures Is 2% Up In The Last 5 Sessions

ViaNews Editorial Team

August 20, 2024

Platinum Futures Is 2% Up In The Last 5 Sessions
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(VIANEWS) - Platinum (PL) has been up by 2.74% for the last 5 sessions. At 14:54 EST on Tuesday, 20 August, Platinum (PL) is $956.80.

Silver, platinum and palladium lag behind gold – commerzbank

Commerzbank's experts continue to expect Silver to end the year at $30 per troy ounce, Platinum at $1,100 per troy ounce and Palladium at $1,050 per troy ounce. , For the end of 2025, we expect a silver price of $33 per troy ounce (previously $31), a Platinum price of $1,250 per troy ounce and a Palladium price of $1,200 per troy ounce (unchanged in both cases).

Volume

Today's last reported volume for Platinum is 17404, 99.99% below its average volume of 7133930010.74.

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).

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.