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Platinum Futures Bullish By 3% In The Last 5 Sessions

ViaNews Editorial Team

August 24, 2023

Platinum Futures Bullish By 3% In The Last 5 Sessions
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(VIANEWS) - Platinum (PL) has been up by 3.81% for the last 5 sessions. At 14:53 EST on Thursday, 24 August, Platinum (PL) is $943.80.

Volume

Today's last reported volume for Platinum is 19918, 99.99% below its average volume of 9407753369.19.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was 1.53%, 0.49%, and 1.14%, respectively.

Platinum's highest amplitude of average volatility was 1.53% (last week), 1.13% (last month), and 1.14% (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, 23 August, " Looking ahead, oil traders will keep an eye on EIA Crude Oil Stocks Change for the week ending August 18 and S&P Global PMIs due on Wednesday. "
  • According to FXStreet on Tuesday, 22 August, "As always on Tuesday, the American Petroleum Institute will deliver the weekly Crude Oil Stock report at 20:30 GMT.", "At the time of writing, Crude Oil (WTI) price trades at $79.80 per barrel and Brent Crude at $83.856."
  • Crude oil forecast: continues to see buyers on dips - 22 August 2023. According to DailyForex on Tuesday, 22 August, "Forex Brokers We Recommend in Your Region See full brokers list 1 Read full review Get Started BrokerGeoLists.push({type:'ReviewsNonPartner',id:'horizontal-top-5',size:5,fullReviewText:`Read full review`,getStartedText:`Get Started`,readReviewText:`Review`});WTI Crude OilThe West Texas Intermediate (WTI) Crude Oil market displayed a modest upward move during Monday's trading session, surpassing the $85 level. ", "In conclusion, the WTI Crude Oil market saw a moderate upswing above the $85 level, suggesting a bullish sentiment. "

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.