Platinum Futures Over 4% Down In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 4.77% for the last 10 sessions. At 08:55 EST on Monday, 22 July, Platinum (PL) is $958.70.

Volume

Today’s last reported volume for Platinum is 13787, 99.99% below its average volume of 7343950216.36.

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 Monday, 22 July, "This assists Crude Oil prices in reversing a part of Friday’s heavy losses to a one-month low, underpinning the commodity-linked Loonie and contributing to keeping a lid on the USD/CAD pair.", "Meanwhile, concerns about an economic slowdown in China - the world’s top oil importer - should act as a headwind for Crude Oil prices. "
  • According to FXStreet on Monday, 22 July, "This, in turn, is seen lending some support to the USD-denominated commodities, including Crude Oil prices.", "This, along with China’s economic woes, should keep a lid on any meaningful upside for Crude Oil prices."

More news about Platinum (PL).

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