(VIANEWS) – Silver (SI) has been up by 9.58% for the last 10 sessions. At 14:50 EST on Sunday, 15 September, Silver (SI) is $31.07.
Volume
Today’s last reported volume for Silver is 78971, 99.99% below its average volume of 8983641692.71.
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 rises toward $30.00 as fed May deliver a jumbo rate cut. According to FXStreet on Friday, 13 September, "The non-yielding assets like Silver received support after economic data from the United States (US) reinforced the possibility that the Federal Reserve (Fed) could lower interest rates by 50 basis points next week. ", "Markets are assessing demand prospects in China, the world’s largest consumer, following mixed economic signals, while also considering the growth of the renewable energy sector, where Silver plays a key role in solar panel production."
- Silver price prediction: uptrend to likely extend to range high, RSI overbought. According to FXStreet on Friday, 13 September, "Given the short-term trend is bullish, the correction is likely to eventually run out of steam, however, and the uptrend to resume, pushing Silver to new heights."
News about
- According to FXStreet on Friday, 13 September, "This, to a larger extent, overshadows worries about output disruptions caused by Hurricane Francine in the US Gulf of Mexico and caps the upside for Crude Oil prices.", "Apart from this, the prevalent risk-on mood across the global equity markets weighs on the safe-haven US Dollar (USD) and lends support to the USD-denominated commodities, including Crude Oil prices."
- According to FXStreet on Friday, 13 September, "This, to a larger extent, overshadows worries about output disruptions caused by Hurricane Francine and limits the upside for Crude Oil prices."
More news about Silver (SI).
