Silver Futures Bullish By 5% In The Last 10 Sessions

(VIANEWS) – Silver (SI) has been up by 5.19% for the last 10 sessions. At 23:50 EST on Monday, 26 August, Silver (SI) is $29.89.

Volume

Today’s last reported volume for Silver is 5460, 99.99% below its average volume of 9033228781.07.

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 depreciates toward $29.50 despite a dovish fed. According to FXStreet on Monday, 26 August, "The price of the safe-haven Silver gained ground due to concerns about escalating conflict in the Middle East. ", "As Silver plays a crucial role in various industrial applications, this downturn in industrial activity could pose significant challenges to its demand."

More news about Silver (SI).

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