(VIANEWS) – Silver (SI) has been up by 10.89% for the last 21 sessions. At 20:50 EST on Saturday, 1 June, Silver (SI) is $30.56.
Volume
Today’s last reported volume for Silver is 109663, 99.99% below its average volume of 9654980437.05.
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)
- Silver price forecast: xag/usd extends losses to near $31.00 due to market caution. According to FXStreet on Friday, 31 May, "If the data continues to soften, it could reignite the debate over potential rate cuts in September, which could help Silver limit its downside."
- Silver price analysis: oscillating within an uptrend. According to FXStreet on Friday, 31 May, "That said, in the very near term Silver could pull back down to support at around the $30.00 level - the highs of a four-year-long consolidation range."
News about
- According to FXStreet on Friday, 31 May, "At the time of writing, Crude Oil (WTI) trades at $77.77and Brent Crude at $81.93"
- Crude oil stumbles amidst energy market jitters, WTI falls into a second month of losses. According to FXStreet on Friday, 31 May, "Increased market bets of a September rate cut from the Federal Reserve (Fed) were unable to spark a meaningful spike in Crude Oil markets as a sharp decline in US Personal Spending growth bodes poorly for WTI demand. ", "The Organization of the Petroleum Exporting Countries (OPEC) and its extended network of non-member ally states, OPEC+, are due to meet on Sunday to discuss the oil cartel’s voluntary output restrictions put in place in 2023 to support global Crude Oil prices. "
More news about Silver (SI).
