(VIANEWS) – Silver (SI) has been up by 9.37% for the last 21 sessions. At 05:50 EST on Sunday, 1 September, Silver (SI) is $29.25.
Volume
Today’s last reported volume for Silver is 58194, 99.99% below its average volume of 9066592562.71.
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)
- Silver price forecast: xag/usd rises to near $29.50 due to lower opportunity cost. According to FXStreet on Friday, 30 August, "Non-yielding Silver is benefiting from a lower opportunity cost as expectations grow for a US Federal Reserve interest rate cut in September."
- Silver price forecast: xag/usd consolidates below $30 as US PCE inflation looms large. According to FXStreet on Friday, 30 August, "August 26 high of $30.20 will be the major resistance for the Silver price bulls."
More news about Silver (SI).
