Silver Futures Falls By 5% In The Last 10 Sessions

(VIANEWS) – Silver (SI) has been up by 5.55% for the last 10 sessions. At 11:50 EST on Sunday, 8 October, Silver (SI) is $21.77.

Volume

Today’s last reported volume for Silver is 82069, 99.99% below its average volume of 11773504621.95.

Volatility

Silver’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.14%, a positive 0.47%, and a positive 1.14%, respectively.

Silver’s highest amplitude of average volatility was 1.63% (last week), 1.16% (last month), and 1.14% (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 demonstrates volatility squeeze ahead of US employment data. According to FXStreet on Friday, 6 October, "The 50-period Exponential Moving Average (EMA) at $20.50 continues to act as a major barricade for the Silver price bulls."
  • Pan american silver (paas) halts operation at la colorada mine. According to Zacks on Friday, 6 October, "The suspension will continue until Pan American Silver determines when to resume operations.", "Pan American Silver Corp. (PAAS Quick QuotePAAS – Free Report) announced that all operations at its La Colorada mine in Mexico had been temporarily halted. "

News about

  • According to FXStreet on Friday, 6 October, "West Texas Intermediary (WTI) Crude Oil prices edge lower for the third successive day on Friday - also marking the sixth day of a negative move in the previous seven and hit a fresh one-month low during the early European session. ", "This, in turn, should provide some meaningful impetus to the US Dollar-denominated commodities, including Crude Oil prices."

More news about Silver (SI).

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