(VIANEWS) – Silver (SI) has been up by 7.63% for the last 21 sessions. At 14:51 EST on Monday, 3 June, Silver (SI) is $30.74.
Silver price forecast: xag/usd falls to near $30.00 as fed May maintain higher rates
The safe-haven Silver weakens as investors might move toward other riskier assets after Israeli Prime Minister Benjamin Netanyahu’s administration reluctantly accepted US President Joe Biden’s proposal for a Gaza cease-fire on Sunday.
Volume
Today’s last reported volume for Silver is 79899, 99.99% below its average volume of 9607744826.4.
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
- According to FXStreet on Monday, 3 June, "At the time of writing, Crude Oil (WTI) trades at $76.95 and Brent Crude at $81.20."
More news about Silver (SI).
