Platinum Futures Is 5% Down In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 5.1% for the last 10 sessions. At 02:52 EST on Thursday, 3 August, Platinum (PL) is $927.00.

Volume

Today’s last reported volume for Platinum is 2165, 99.99% below its average volume of 9594507480.4.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was 0.46%, 0.79%, and 1.21%, respectively.

Platinum’s highest amplitude of average volatility was 0.90% (last week), 1.31% (last month), and 1.21% (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

  • Crude oil forecast: shows signs of stalling – 02 August 2023. According to DailyForex on Wednesday, 2 August, "The West Texas Intermediate (WTI) Crude Oil market has experienced a remarkable ascent in recent weeks, but signs of hesitation have emerged as the rally may be losing momentum. ", "Over the last couple of weeks, the WTI Crude Oil market has witnessed a sharp upward trend. "
  • According to DailyForex on Tuesday, 1 August, "S Fed will become less aggressive, the higher price of Crude Oil may affect inflation data in the coming weeks too, this could also play into the value of the EUR/USD in August."

More news about Platinum (PL).

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