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Silver Futures Bullish By 6% In The Last 10 Sessions

Silver Futures Bullish By 6% In The Last 10 Sessions
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(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).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.