Silver Futures Bullish Momentum With A 4% Rise In The Last 10 Sessions

(VIANEWS) – Silver (SI) has been up by 4.78% for the last 10 sessions. At 13:50 EST on Sunday, 19 November, Silver (SI) is $23.78.

Volume

Today’s last reported volume for Silver is 52717, 99.99% below its average volume of 11338458067.42.

Volatility

Silver’s last week, last month’s, and last quarter’s current intraday variation average was 1.73%, 0.67%, and 1.28%, respectively.

Silver’s highest amplitude of average volatility was 1.73% (last week), 1.27% (last month), and 1.28% (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 analysis: xag/usd sits near 10-week peak, bulls await a move beyond $24.00. According to FXStreet on Friday, 17 November, "Nevertheless, Silver remains on track to register strong weekly gains and post its highest weekly close since late August."

News about

  • According to FXStreet on Friday, 17 November, "West Texas Intermediate (WTI) Crude Oil prices oscillate in a narrow trading band during the Asian session on Friday and consolidate the overnight slump to over a four-month low. ", "The incoming softer US macro adds to worries about a deeper global economic downturn, which is expected to dent fuel demand and continue to undermine Crude Oil prices. "

More news about Silver (SI).

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