(VIANEWS) – Silver (SI) has been up by 3.59% for the last 5 sessions. At 14:52 EST on Monday, 30 September, Silver (SI) is $31.31.
Silver price forecast: xag/usd loses traction to near $31.50 ahead of fed’s powell speech
Additionally, hopes of another large US rate cut provide some support to the Silver price.
Volume
Today’s last reported volume for Silver is 53615, 99.99% below its average volume of 8854031775.38.
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).
News about
- Crude oil edges lower despite intensified attacks on Lebanon. According to FXStreet on Monday, 30 September, "At the time of writing, Crude Oil (WTI) trades at $67.78and Brent Crude at $71.07."
More news about Silver (SI).
