Silver Futures Drops By 2% In The Last 5 Sessions

(VIANEWS) – Silver (SI) has been up by 2.79% for the last 5 sessions. At 19:50 EST on Sunday, 21 January, Silver (SI) is $22.65.

Volume

Today’s last reported volume for Silver is 1084, 99.99% below its average volume of 10707859909.82.

Volatility

Silver’s last week, last month’s, and last quarter’s current intraday variation average was 0.20%, 0.59%, and 1.38%, respectively.

Silver’s highest amplitude of average volatility was 0.85% (last week), 1.05% (last month), and 1.38% (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 overbought (>=80).

News about

  • WTI crude oil weekly forecast – steady range trading and polite price action – 21 January 2024. According to DailyForex on Sunday, 21 January, "While international media continues to produce updates regarding the crisis in the Middle East, it appears speculators and large players within WTI Crude Oil continue to feel rather comfortable with the current price ratios. ", "WTI Crude Oil prices going into the weekend only a stone’s throw away from the 73.000 USD level indicates buyers understand there is plenty of supply of the commodity."

More news about Silver (SI).

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