(VIANEWS) – Platinum (PL) has been up by 7.76% for the last 21 sessions. At 02:53 EST on Friday, 7 July, Platinum (PL) is $911.40.
Volume
Today’s last reported volume for Platinum is 1704, 99.99% below its average volume of 9788826267.35.
Volatility
Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.65%, a negative 0.48%, and a positive 1.30%, respectively.
Platinum’s highest amplitude of average volatility was 1.65% (last week), 1.19% (last month), and 1.30% (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 Thursday, 6 July, "That said, bullish Crude Oil prices underpin the commodity-linked Loonie and could act as a headwind for the USD/CAD pair, at least for the time being.", "This, along with Crude Oil price dynamics, should contribute to producing short-term trading opportunities around the USD/CAD pair ahead of the critical monthly jobs data from Canada and the US, due for release on Friday."
- According to FXStreet on Friday, 7 July, "That said, EIA Crude Oil Stocks Change improved to -1.508 million barrels (M) for the week ended on June 30 versus -9.603M in previous readings."
- According to FXStreet on Wednesday, 5 July, "Western Texas Intermediate (WTI) Crude Oil prices come under renewed selling pressure on Wednesday and reverse a major part of the previous day’s positive move. ", "Worries that a global economic slowdown will dent fuel demand overshadow expectations for tighter supply due to output cuts announced by top exporters – Saudi Arabia and Russia – and act as a headwind for Crude Oil prices. "
- Crude oil forecast: markets navigate holiday trading – 05 July 2023. According to DailyForex on Wednesday, 5 July, "The West Texas Intermediate (WTI) Crude Oil market experienced a minor rally during Tuesday’s trading session. ", "The WTI Crude Oil market witnessed a modest rally during holiday trading, with the 50-Day EMA acting as a resistance level. "
More news about Platinum (PL).
