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Platinum Futures Over 8% Down In The Last 21 Sessions

ViaNews Editorial Team

January 26, 2024

Platinum Futures Over 8% Down In The Last 21 Sessions
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(VIANEWS) - Platinum (PL) has been up by 8.02% for the last 21 sessions. At 10:52 EST on Friday, 26 January, Platinum (PL) is $918.10.

Volume

Today's last reported volume for Platinum is 17113, 99.99% below its average volume of 8140185365.24.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was 1.25%, 0.82%, and 1.28%, respectively.

Platinum's highest amplitude of average volatility was 1.25% (last week), 1.06% (last month), and 1.28% (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 climbs, WTI rises into $75.50 after EIA reports US crude supply drawdown. According to FXStreet on Wednesday, 24 January, "Barrel traders expect the additional business spending to pump up demand for Crude Oil in China.", "The pipeline is expected to triple Canada's output of Crude Oil to global markets by the end of the summer season, according to company officials. "

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.