(VIANEWS) – Silver (SI) has been up by 3.17% for the last 5 sessions. At 04:51 EST on Monday, 13 November, Silver (SI) is $22.33.
Volume
Today’s last reported volume for Silver is 1502, 99.99% below its average volume of 11417563135.2.
Volatility
Silver’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.87%, a positive 0.49%, and a positive 1.22%, respectively.
Silver’s highest amplitude of average volatility was 1.32% (last week), 1.13% (last month), and 1.22% (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 overbought (>=80).
News about
- Crude oil looking to firm up a bounce from $76. According to FXStreet on Saturday, 11 November, "Broad-market concerns about further escalations and a spillover in geopolitical conflict from the Gaza Strip conflict have eroded out of markets and replaced with newfound investor fears that global Crude Oil demand is failing to grow as fast as many had predicted. ", "Despite significant production cuts from key member states of the Organization of the Petroleum Exporting Countries (OPEC), global oil demand has failed to materialize in a meaningful way, specifically weighed down by a notable lack of Crude Oil demand from China."
- WTI crude oil: weekly forecast 12th November – 18th November – 12 November 2023. According to DailyForex on Sunday, 12 November, "A fall below the 73.000 price looks dangerous technically for Crude Oil and could ignite additional speculative selling positions. ", "And the last time WTI Crude Oil traded above the 80.000 USD mark was on Tuesday of last week."
More news about Silver (SI).
