Platinum Futures Bullish By 6% In The Last 10 Sessions

(VIANEWS) – Platinum (PL) has been up by 6.56% for the last 10 sessions. At 02:53 EST on Thursday, 13 July, Platinum (PL) is $967.90.

Volume

Today’s last reported volume for Platinum is 2447, 99.99% below its average volume of 9838642122.66.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.31%, a negative 0.11%, and a positive 1.25%, respectively.

Platinum’s highest amplitude of average volatility was 1.31% (last week), 1.24% (last month), and 1.25% (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, 11 July, "Any meaningful upside for the USD/CAD pair, however, seems elusive in the wake of sustained US Dollar (USD) selling bias and the emergence of some buying around Crude Oil prices, which tends to underpin the commodity-linked Loonie. "
  • According to FXStreet on Tuesday, 11 July, "Even so, the prices of Gold and Crude Oil remain dicey near $1,925 and $73.20 at the latest."

More news about Platinum (PL).

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