(VIANEWS) - Silver (SI) has been up by 8.08% for the last 21 sessions. At 08:52 EST on Thursday, 13 June, Silver (SI) is $29.51.
Volume
Today's last reported volume for Silver is 51391, 99.99% below its average volume of 9351539605.86.
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 sees more downside below $29 ahead of US inflation, fed policy. According to FXStreet on Tuesday, 11 June, "The next major triggers for the Silver price will be the May United States Consumer Price Index (CPI) data and the Fed's interest rate decision. "
- Silver price forecast: $30.0 appears a tough nut to crack for xag/usd. According to FXStreet on Wednesday, 12 June, "The Silver price (XAG/USD) recovers to $29.40 on Wednesday despite the stronger Greenback. ", " Technically, Silver keeps the bearish vibe unchanged on the 4-hour chart as the white metal holds below the key 100-period Exponential Moving Average (EMA). "
- Silver price analysis: spikes higher and threatens to break back above key resistance. According to FXStreet on Wednesday, 12 June, "Prior to the spike, Silver had fallen to a new lower low of $29.04, just below the 200 Simple Moving Average (SMA).", "Further bearishness could see Silver even reach as low as $27.19, the 100% extrapolation of the height of the range lower."
News about
- According to FXStreet on Thursday, 13 June, "Apart from this, some follow-through US Dollar (USD) buying, bolstered by the Federal Reserve's (Fed) hawkish surprise, further seems to undermine USD-denominated commodities, including Crude Oil prices.", "That said, persistent geopolitical tensions in the Middle East might continue to lend some support to Crude Oil prices and limit losses."
- According to FXStreet on Wednesday, 12 June, "At the time of writing, Crude Oil (WTI) trades at $78.28 and Brent Crude at $82.36"
- Crude oil at risk of snapping recovery streak as markets head towards Wednesday’s fed showing. According to FXStreet on Tuesday, 11 June, "Despite investor sentiment drifting lower ahead of a key Fed outing on Wednesday, Crude Oil markets held steady after the American Petroleum Institute (API) reported a steeper-than-expected drawdown in Weekly Crude Oil Stocks. ", "Week-on-week Crude Oil Stocks Change counts from the Energy Information Administration (EIA) are due on Wednesday, but will likely get drowned out by a high-impact Fed showing and an update to US Consumer Price Index (CPI) inflation."
More news about Silver (SI).