(VIANEWS) – Platinum (PL) has been up by 6.24% for the last 10 sessions. At 05:51 EST on Thursday, 25 July, Platinum (PL) is $942.70.
Volume
Today’s last reported volume for Platinum is 10274, 99.99% below its average volume of 7200353651.17.
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 struggles to recover footing on Tuesday despite API barrel count contraction. According to FXStreet on Tuesday, 23 July, "The American Petroleum Institute (API) noted on Tuesday that its week-on-week Crude Oil Stocks counts contracted again by a further 3.9 million barrels, adding onto the previous week’s -4.44 million barrel decline. ", "Daily candlesticks paint a notable bearish picture, with US Crude Oil prices threatening to backslide to early June’s bottom bids near $72.50 and price action descending almost unimpeded below the 200-day EMA at $79.23."
- According to FXStreet on Wednesday, 24 July, "On Tuesday, the American Petroleum Institute (API) reported a drop of 3.9 million barrels in Weekly Crude Oil Stock for the week ending July 19, exceeding market expectations of a 2.47 million-barrel decrease. ", "The US Energy Information Administration’s (EIA) Crude Oil Stocks Change report, scheduled for Wednesday, is anticipated to show a 0.7 million-barrel increase for the same period."
More news about Platinum (PL).
