(VIANEWS) – Platinum (PL) has been up by 7.68% for the last 21 sessions. At 11:51 EST on Tuesday, 6 August, Platinum (PL) is $922.30.
Volume
Today’s last reported volume for Platinum is 22652, 99.99% below its average volume of 7213787291.12.
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 Tuesday, 6 August, "Some follow-through selling below the $71.00 mark will reaffirm the negative bias and make Crude Oil prices vulnerable to accelerate the fall towards intermediate support near mid-$70.00s en route to the $70.00 psychological mark. ", "This, in turn, suggests that the path of least resistance for Crude Oil prices is to the downside and supports prospects for an extension of the downward trajectory witnessed over the past month or so."
- According to FXStreet on Tuesday, 6 August, "This is expected to dent fuel demand and drags Crude Oil prices lower for the fourth straight day, which, in turn, is seen undermining demand for the commodity-linked Loonie. ", "Furthermore, the risk of a broader Middle East conflict continues to fuel concerns about supply disruptions from the key Oil producing region and could help limit losses for Crude Oil prices. "
More news about Platinum (PL).
