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Platinum Futures Jumps By 8% In The Last 10 Sessions

Platinum Futures Jumps By 8% In The Last 10 Sessions
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(VIANEWS) - Platinum (PL) has been up by 8.88% for the last 10 sessions. At 20:51 EST on Thursday, 9 May, Platinum (PL) is $995.50.

Volume

Today's last reported volume for Platinum is 602, 99.99% below its average volume of 7581547440.05.

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).

News about

  • According to FXStreet on Wednesday, 8 May, "Oil traders willshift their focus tothe EIA Crude Oil stockpiles report duelateron Wednesday. "
  • According to FXStreet on Wednesday, 8 May, "Oil traders will shift their focus to the US Crude Oil Stocks Change due later on Wednesday. "
  • According to FXStreet on Wednesday, 8 May, "The underlying bullish tone around the US Dollar (USD) might continue to weigh on Crude Oil prices"

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.