Silver Futures Bullish By 6% In The Last 10 Sessions

(VIANEWS) – Silver (SI) has been up by 6.48% for the last 10 sessions. At 14:50 EST on Tuesday, 9 July, Silver (SI) is $31.13.

Volume

Today’s last reported volume for Silver is 52617, 99.99% below its average volume of 9289609644.97.

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 tumbles below $31.00 as US dollar rebounds. According to FXStreet on Monday, 8 July, "A lower interest rate generally lifts the Silver price as it reduces the opportunity cost of holding non-yielding assets. "
  • Silver price analysis: silver probably rising in C leg of measured move. According to FXStreet on Monday, 8 July, "A further bullish sign is that Silver is probably forming a Measured Move (MM) price pattern. "

More news about Silver (SI).

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