Platinum Futures Over 2% Down In The Last 5 Sessions

(VIANEWS) – Platinum (PL) has been up by 2.3% for the last 5 sessions. At 08:52 EST on Monday, 31 July, Platinum (PL) is $954.30.

Volume

Today’s last reported volume for Platinum is 6393, 99.99% below its average volume of 9838642285.6.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.26%, 0.93%, and 1.22%, respectively.

Platinum’s highest amplitude of average volatility was 1.31% (last week), 1.40% (last month), and 1.22% (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

  • According to DailyForex on Monday, 31 July, "The ability of the USD/MXN to create and sustain lower price realms has been significant and the higher price of Crude Oil which is being demonstrated now, adds to this flourish of strength for the Mexican Peso."
  • Crude oil forecast: potential breakouts and buying opportunities – 31 July 2023. According to DailyForex on Monday, 31 July, "The West Texas Intermediate Crude Oil market showed impressive strength during Friday’s trading session, moving closer to a critical level at $80. "

More news about Platinum (PL).

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