Silver Futures Over 11% Up In The Last 21 Sessions

(VIANEWS) – Silver (SI) has been up by 11.92% for the last 21 sessions. At 17:51 EST on Sunday, 6 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 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."

News about

  • Crude oil posts fresh monthly high as markets weigh up likelihood of fresh escalation in middle east. According to FXStreet on Friday, 4 October, "At the time of writing, Crude Oil (WTI) trades at $74.36 and Brent Crude at $78.44"

More news about Silver (SI).

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