Silver Futures Bullish By 9% In The Last 10 Sessions

(VIANEWS) – Silver (SI) has been up by 9.06% for the last 10 sessions. At 17:50 EST on Saturday, 6 July, Silver (SI) is $31.53.

Volume

Today’s last reported volume for Silver is 97705, 99.99% below its average volume of 9414302076.81.

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 clings to gains near $30.50 as weak US data boosts fed rate-cut bets. According to FXStreet on Thursday, 4 July, "This suggests that a corrective move in the Silver price has now concluded and it has resumed its upside journey."

News about

  • According to FXStreet on Friday, 5 July, "The aforementioned fundamental backdrop suggests that any subsequent downtick might still be seen as a buying opportunity, though China’s economic woes warrant caution before positioning for any further gains for Crude Oil prices. ", "That said, concerns about persistent supply disruptions in the Middle East should act as a tailwind for Crude Oil prices and help limit losses."

More news about Silver (SI).

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