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Platinum Futures Falls By 6% In The Last 10 Sessions

Platinum Futures Falls By 6% In The Last 10 Sessions
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(VIANEWS) - Platinum (PL) has been up by 6.45% for the last 10 sessions. At 05:53 EST on Friday, 26 July, Platinum (PL) is $942.30.

Volume

Today's last reported volume for Platinum is 4530, 99.99% below its average volume of 7153727938.15.

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).

Previous days news about Platinum (PL)

  • Platinum is under a threat of a sell-off – TDS. According to FXStreet on Thursday, 25 July, "Following a whipsaw in positioning, Commodity Trading Advisors (CTAs) are returning to the offer in Platinum with large-scale selling activity potentially hitting the tapes."

News about

  • 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."
  • According to FXStreet on Thursday, 25 July, "Meanwhile, the Energy Information Administration (EIA) reported a decrease of 3.741 million barrels in US Crude Oil Stocks Change for the week ending July 19, marking the fourth straight decline, against the expected increase of 0.70 million barrels. "
  • 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).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.