(VIANEWS) – Silver (SI) has been up by 10.65% for the last 21 sessions. At 16:51 EST on Tuesday, 5 December, Silver (SI) is $24.68.
Volume
Today’s last reported volume for Silver is 18990, 99.99% below its average volume of 11045113315.84.
Volatility
Silver’s last week, last month’s, and last quarter’s current intraday variation average was 2.36%, 0.81%, and 1.35%, respectively.
Silver’s highest amplitude of average volatility was 2.36% (last week), 1.44% (last month), and 1.35% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Silver’s commodity is considered to be oversold (<=20).
News about
- Crude oil: weekly forecast 3rd December – 9th December – 03 December 2023. According to DailyForex on Sunday, 3 December, "WTI Crude Oil finished the week lower than it began and while it did not hit the low near 72.000 which was touched on the 16thof November, the commodity is within sight of support and values last seen in July.", "Speculators who continue to search for higher values based on the notion that WTI Crude Oil is still too inexpensive should note demand remains relatively light due to global recessionary concerns. "
- Crude oil forecast: looks rangebound – 04 December 2023. According to DailyForex on Monday, 4 December, "Starting with the West Texas Intermediate Crude Oil market, Friday’s trading session was marked by extreme volatility, reflecting the ongoing challenges that the crude oil sector is grappling with. "
More news about Silver (SI).
