(VIANEWS) – Platinum (PL) has been up by 3.67% for the last 10 sessions. At 14:52 EST on Wednesday, 24 July, Platinum (PL) is $962.30.
Volume
Today’s last reported volume for Platinum is 26257, 99.99% below its average volume of 7234031577.18.
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 moves downwards, palladium still looks up – TDS. According to FXStreet on Monday, 22 July, "This increases conviction in our view that Platinum could have more to lose than Palladium, with our advanced positioning analytics still pointing to upside asymmetry in positioning risks for the latter, given discretionary traders also likely still hold a substantial net short position."
News about
- According to FXStreet on Monday, 22 July, "This, in turn, is seen lending some support to the USD-denominated commodities, including Crude Oil prices.", "This, along with China’s economic woes, should keep a lid on any meaningful upside for Crude Oil prices."
- According to FXStreet on Monday, 22 July, "Market participants this week will also confront the release of flash PMIs, which should provide fresh insight into the health of the global economy and influence Crude Oil prices. ", "This assists Crude Oil prices in reversing a part of Friday’s heavy losses to a one-month low, underpinning the commodity-linked Loonie and contributing to keeping a lid on the USD/CAD pair."
More news about Platinum (PL).
