2024-04-18 Gold News
2024-04-17
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Based on the detailed dataset provided, here's the comprehensive analysis:1. Trend Analysis
The XAU exchange rate starts at 3289.47368 and stays stable till the timestamp 2024-04-17 03:30:02. After this point, it slightly increases to 3300.33003, holding this new value till the timestamp of 2024-04-17 04:15:02 where it peaks at 3311.25828. After that, it decreases again to 3300.33003, staying relatively stable around that point. There are slight variations and drops to lower values, specifically 3278.68852 and 3267.97386 later on. The lowest recorded rate is 3246.75325 at the timestamp of 2024-04-17 16:05:03 and it stays around this level until the end of the provided data. Hence, the overall trend is a slow climb with some high peaks, followed by a decrease and then a mild increase before reaching the lowest point towards the end.
2. Seasonality and Recurring Patterns
There is no clear evidence of seasonality or recurring patterns in the given range of timestamps. The exchange rate remains more or less stable with minor fluctuations. Occasional spikes followed by drops are observed. A repeated pattern in the timings or values of these spikes and drops is not evident from the given data.
3. Outliers Analysis
Looking at the data, the significant changes in exchange rates can be considered as outliers. These appear to happen at sudden intervals rather than following a pattern. Notable outliers include the sudden peak to 3311.25828 at the timestamp of 2024-04-17 04:15:02, followed by a return to 3300.33003. Similarly, the sharp fall to 3246.75325 at the timestamp of 2024-04-17 16:05:03 can also be considered an outlier in the context of the preceding data.
In Conclusion
The XAU exchange rate over the provided time series shows a general stability with a few notable peaks and drops. The data does not exhibit any noticeable seasonality or recurring pattern, suggesting that the fluctuations may be due to sporadic events or factors not included in the dataset. A few outliers are present indicating significant and sudden changes in the exchange rate.