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Silver Futures Jumps By 3% In The Last 5 Sessions

(VIANEWS) – Silver (SI) has been up by 3.24% for the last 5 sessions. At 07:50 EST on Sunday, 3 March, Silver (SI) is $23.25.

Volume

Today’s last reported volume for Silver is 69132, 99.99% below its average volume of 10260303048.92.

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 Friday, 1 March, "West Texas Intermediate (WTI) US Crude Oil prices attract some buying near a technically significant 200-day Simple Moving Average (SMA) during the Asian session on Friday and for now, seem to have snapped a two-day losing streak. ", "Apart from this, signs of higher supplies keep a lid on any further gains for Crude Oil prices."
  • WTI crude oil weekly forecast: intriguing bullish signals and highs attained – 03 March 2024. According to DailyForex on Sunday, 3 March, "Speculators who have held onto bullish notions in WTI Crude Oil were likely rewarded last week. ", "After reversing lower and challenging the 78.000 value below on Thursday, WTI Crude Oil began to rise again in price. "

More news about Silver (SI).

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