Silver Futures Is 10% Up In The Last 21 Sessions

(VIANEWS) – Silver (SI) has been up by 10.8% for the last 21 sessions. At 16:52 EST on Friday, 8 March, Silver (SI) is $24.52.

Volume

Today’s last reported volume for Silver is 83226, 99.99% below its average volume of 9868453744.6.

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)

  • MAG silver (mag) posts preliminary '24 outlook for juanicipio. According to Zacks on Wednesday, 6 March, "In addition to underground mine production and processing of mineralized material, MAG Silver has an expanded exploration program in place targeting multiple highly prospective targets in the region.MAG is on track to release an updated technical report by the end of the first quarter of 2024, offering more specific guidance and strengthening its view for the Juanicipio Mine.", "MAG Silver owns a 44% stake in the Juanicipio Project and Fresnillo holds the remaining 56%."

News about

  • According to FXStreet on Wednesday, 6 March, "The US API Weekly Crude Oil Stock data reported build-in stockpiles of 0.423 million barrels for the week ending on March 1, contrary to market expectations of a decrease to 2.6 million barrels from the previous 8.428 million barrels. ", "Traders will now turn their attention to the US EIA Crude Oil Stocks Change report, scheduled for release on Wednesday, with market expectations leaning towards a reduction in the number of barrels in stock of crude oil and its derivatives."

More news about Silver (SI).

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