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Silver Futures Bearish By 7% In The Last 5 Sessions

(VIANEWS) – Silver (SI) has been up by 7.33% for the last 5 sessions. At 07:50 EST on Friday, 8 December, Silver (SI) is $24.17.

Volume

Today’s last reported volume for Silver is 3866, 99.99% below its average volume of 10825916425.45.

Volatility

Silver’s last week, last month’s, and last quarter’s current intraday variation average was 0.14%, 0.82%, and 1.35%, respectively.

Silver’s highest amplitude of average volatility was 1.17% (last week), 1.41% (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 overbought (>=80).

Previous days news about Silver (SI)

  • Silver price analysis: skate the xag/usd bid on US nonfarm payrolls – TDS. According to FXStreet on Wednesday, 6 December, "Commodity Strategists at TD Securities (TDS) explained their strategy for trading Silver price heading into Friday’s critical US Nonfarm Payrolls release.", "Buying exhaustion in precious metalshas morphed into selling activity at a faster pace than initially anticipated, sending active Silver prices towards our target nearly -5% lower."

More news about Silver (SI).

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