(VIANEWS) - Platinum (PL) has been up by 5.05% for the last 10 sessions. At 08:52 EST on Friday, 20 September, Platinum (PL) is $995.00.
Volume
Today's last reported volume for Platinum is 8037, 99.99% below its average volume of 6873938583.91.
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
- Crude oil slides below $70 ahead of vital fed meeting. According to FXStreet on Wednesday, 18 September, "At the time of writing, Crude Oil (WTI) trades at $69.51and Brent Crude at $72.72.", "Expect to see Crude Oil rally under the assumption that demand and growth will pick up again if the Fed delivers that ultra-dovish message without spooking the markets."
- According to FXStreet on Thursday, 19 September, "Additionally, WTI Oil prices may have found support after the US Energy Information Administration (EIA) reported a larger-than-expected decline in Crude Oil Stocks Change, which dropped by 1.63 million barrels to 417.5 million, far exceeding the forecasted 0.1 million-barrel draw for the week ending September 13. "
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