Silver Futures Jumps By 4% In The Last 10 Sessions

(VIANEWS) – Silver (SI) has been up by 4.7% for the last 10 sessions. At 14:51 EST on Sunday, 11 June, Silver (SI) is $24.40.

Volume

Today’s last reported volume for Silver is 61691, 99.99% below its average volume of 13144709362.3.

Volatility

Silver’s last week, last month’s, and last quarter’s current intraday variation average was 0.21%, 0.13%, and 1.33%, respectively.

Silver’s highest amplitude of average volatility was 0.21% (last week), 1.00% (last month), and 1.33% (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 bulls appear well set to prod $24.50 hurdle. According to FXStreet on Friday, 9 June, "However, the nearly overbought RSI conditions challenge the Silver buyers as they approach a horizontal hurdle comprising lows marked during late April, around $24.50. ", "Overall, the Silver Price is likely to remain firmer but the upside room appears limited as the US Dollar bears take a breather."

News about

  • Crude oil forecast: volatility and key levels define the markets – 09 June 2023. According to DailyForex on Friday, 9 June, "The trading session on Thursday saw the West Texas Intermediate (WTI) Crude Oil market and the Brent markets experience fluctuations and heightened volatility. ", "Ultimately, both the WTI Crude Oil and Brent markets demonstrated volatility and indecisiveness during Thursday’s trading session. "

More news about Silver (SI).

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