Silver Futures Slides By 3% In The Last 5 Sessions

(VIANEWS) – Silver (SI) has been up by 3.33% for the last 5 sessions. At 20:50 EST on Thursday, 10 October, Silver (SI) is $31.37.

Volume

Today’s last reported volume for Silver is 1120, 99.99% below its average volume of 8635991457.17.

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)

  • Endeavour silver's silver production decreases 14% y/y in Q3. According to Zacks on Wednesday, 9 October, "Endeavour Silver Corporation (EXK Quick QuoteEXK – Free Report) produced 1.6 million silver equivalent ounces in the third quarter of 2024, a 14% decline from the year-ago quarter due to reduced silver production at its mines, which offset higher gold output.", "For the third quarter , Endeavour Silver reported a 25.7% year-over-year decline in silver sales at 1.02 million ounces, while gold sales rose 7.4% to 9,412 ounces. "

News about

  • Crude oil finds support as market focus shifts back to supply. According to FXStreet on Wednesday, 9 October, "At the time of writing, Crude Oil (WTI) trades at $71.43and Brent Crude at $75.32"
  • Crude oil finds support after hurtful two-day price action. According to FXStreet on Thursday, 10 October, "At the time of writing, Crude Oil (WTI) trades at $73.60 and Brent Crude at $77.23"

More news about Silver (SI).

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