(VIANEWS) – Silver (SI) has been up by 11.92% for the last 21 sessions. At 11:51 EST on Saturday, 5 October, Silver (SI) is $32.45.
Volume
Today’s last reported volume for Silver is 85593, 99.99% below its average volume of 8862022955.81.
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 depreciates to near $31.50, downside seems limited. According to FXStreet on Thursday, 3 October, "This downside of the Silver price could be attributed to recent strong US labor data, which could increase the odds of the Federal Reserve (Fed) delivering another bumper rate cut in November. ", "However, the downside of safe-haven assets like Silver could be limited following the rising geopolitical tensions in the Middle East. "
- Silver price forecast: xag/usd stays in tight range near $32 with US NFP under spotlight. According to FXStreet on Friday, 4 October, "In today’s session, the major trigger for the Silver price will be the United States (US) Nonfarm Payrolls (NFP) data for September, which will be published at 12:30 GMT. "
- Gold and silver are max long – TDS. According to FXStreet on Friday, 4 October, "Conversely, Silver prices have a smaller margin of safety against the first selling program, but in the event that nascent signs of reflationary trends persist, Silver andbase metalsare a superior expression."
More news about Silver (SI).
