(VIANEWS) – Silver (SI) has been up by 3.99% for the last 5 sessions. At 01:50 EST on Wednesday, 7 February, Silver (SI) is $22.35.
Volume
Today’s last reported volume for Silver is 5667, 99.99% below its average volume of 10390591092.19.
Volatility
Silver’s last week, last month’s, and last quarter’s current intraday variation average was 1.24%, 0.75%, and 1.40%, respectively.
Silver’s highest amplitude of average volatility was 1.24% (last week), 1.17% (last month), and 1.40% (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).
Previous days news about Silver (SI)
- Gold to hit $2200 & silver to sizzle in 2024? etfs in focus. According to Zacks on Tuesday, 6 February, "abrdn Physical Silver Shares ETF (SIVR Quick QuoteSIVR – Free Report) - Down 2.6% YTD", "iShares Silver Trust (SLV Quick QuoteSLV – Free Report) - Down 2.6% YTD"
News about
- According to FXStreet on Tuesday, 6 February, "West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction on Tuesday and oscillate in a narrow range through the mid-European session. ", "Apart from this, concerns about a weaker demand outlook, amid persistent worries about slowing economic growth in China, further contribute to cap gains for Crude Oil prices."
- Crude oil forecast: crude falls after NFP jobs number surprises – 05 February 2024. According to DailyForex on Monday, 5 February, "The West Texas Intermediate Crude Oil Market has been particularly affected by this downward trend. "
- According to FXStreet on Monday, 5 February, "West Texas Intermediate (WTI) US Crude Oil prices extend last week’s rejection slide from the 100-day Simple Moving Average (SMA), around the $79.20 area, or the YTD peak, and drift lower for the fourth successive day on Monday. ", "This continues to act as a tailwind for the US Dollar (USD) and turns out to be a key factor undermining demand for dollar-denominated commodities, including Crude Oil prices. "
More news about Silver (SI).
