Silver Futures Jumps By 12% In The Last 21 Sessions

(VIANEWS) – Silver (SI) has been up by 12.38% for the last 21 sessions. At 02:50 EST on Thursday, 21 March, Silver (SI) is $25.82.

Volume

Today’s last reported volume for Silver is 23523, 99.99% below its average volume of 9928322700.22.

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)

  • Pan american silver (paas) May have ended correction. According to FXStreet on Tuesday, 19 March, "Daily Elliott Wave Chart of Pan American Silver (PAAS) shows that the stock may have ended wave (II) at 12.18. ", "Pan American Silver (PAAS) is a leading mining company headquartered in Vancouver, Canada. "
  • Silver price forecast: xag/usd stretches lower to near $24.90 amid a market caution. According to FXStreet on Wednesday, 20 March, "Nevertheless, Silver could have received support from rising geopolitical tensions and an improved industrial outlook from China, the top metals consumer. "

News about

  • According to FXStreet on Tuesday, 19 March, "West Texas Intermediate (WTI) US Crude Oil prices edge lower during the Asian session on Tuesday and revers a part of the previous day’s strong gains to the $82.45 area, or the highest level since early November. ", "Furthermore, growing concerns about a global economic slowdown, which could dent fuel demand, turn out to be another factor weighing on Crude Oil prices. "
  • Crude oil forecast: continues to find buyers – 19 March 2024. According to DailyForex on Tuesday, 19 March, "The West Texas Intermediate Crude Oil market broke above the $81 level early during trading on Monday, as we continue to see a lot of upward pressure. "
  • According to FXStreet on Wednesday, 20 March, "However, the American Petroleum Institute reported the Weekly Crude Oil Stock for the week ending on March 15, fell by 1.519 million barrels compared to the expected increase of 0.077 million barrels and the previous decrease of 5.521 million barrels."

More news about Silver (SI).

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