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Platinum Futures Over 4% Down In The Last 10 Sessions

Platinum Futures Over 4% Down In The Last 10 Sessions
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(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).

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.