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Platinum Futures Drops By 10% In The Last 21 Sessions

(VIANEWS) – Platinum (PL) has been up by 10.23% for the last 21 sessions. At 11:51 EST on Monday, 3 July, Platinum (PL) is $916.50.

Volume

Today’s last reported volume for Platinum is 12485, 99.99% below its average volume of 10082363136.05.

Volatility

Platinum’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.69%, a negative 0.73%, and a positive 1.33%, respectively.

Platinum’s highest amplitude of average volatility was 1.38% (last week), 1.09% (last month), and 1.33% (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: oil markets consolidate amidst rally – 03 July 2023. According to DailyForex on Monday, 3 July, "During Monday’s trading session, the WTI Crude Oil market demonstrated strength, surpassing the $70 level. ", "The WTI Crude Oil and Brent markets have rallied recently but continue to trade within consolidation ranges. "

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