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Platinum Futures Falls By 4% In The Last 10 Sessions

ViaNews Editorial Team

December 7, 2023

Platinum Futures Falls By 4% In The Last 10 Sessions
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(VIANEWS) - Platinum (PL) has been up by 4.85% for the last 10 sessions. At 22:52 EST on Wednesday, 6 December, Platinum (PL) is $893.90.

Volume

Today's last reported volume for Platinum is 23186, 99.99% below its average volume of 8611553595.3.

Volatility

Platinum's last week, last month's, and last quarter's current intraday variation average was 0.50%, 0.82%, and 1.35%, respectively.

Platinum's highest amplitude of average volatility was 0.82% (last week), 1.43% (last month), and 1.35% (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

  • Crude oil forecast: looks rangebound - 04 December 2023. According to DailyForex on Monday, 4 December, "Starting with the West Texas Intermediate Crude Oil market, Friday's trading session was marked by extreme volatility, reflecting the ongoing challenges that the crude oil sector is grappling with. "
  • According to FXStreet on Wednesday, 6 December, " Looking ahead, oil traders will monitor the US ADP Employment Change for November and EIA Crude Oil Stocks Change, due later on Wednesday. "

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.