(VIANEWS) – Silver (SI) has been up by 5.23% for the last 10 sessions. At 13:50 EST on Thursday, 21 December, Silver (SI) is $24.55.
Volume
Today’s last reported volume for Silver is 8396, 99.99% below its average volume of 10731264095.21.
Volatility
Silver’s last week, last month’s, and last quarter’s current intraday variation average was 1.14%, 1.48%, and 1.52%, respectively.
Silver’s highest amplitude of average volatility was 1.14% (last week), 1.86% (last month), and 1.52% (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 Wednesday, 20 December, "The USD/CAD is getting pushed lower as broader markets see a healthy risk bid that is forcing down the US Dollar (USD) and a bump in Crude Oil bids is propping up the Canadian Dollar (CAD) while the Bank of Canada (BoC) sees lower odds of inflation risks making a reappearance.", "Crude Oil markets caught a bounce on Wednesday with markets continuing to be concerned over rebel attacks on container ships in the Yemen region, which could destabilize Crude Oil supply routes between Asia and Europe. "
- WTI looking to keep afloat above $74.00 as crude oil tries to shake off continuing supply buildup. According to FXStreet on Tuesday, 19 December, "Despite the recent rebound, Crude Oil bidding remains tepid, down on the year and trading on the south side of the 200-day Simple Moving Average (SMA) near the $77.50 price level.", "The US Department of Energy (DoE) reported on Monday that barrel counts within the Strategic Petroleum Reserve had climbed by 600K barrels, and Crude Oil markets will be looking ahead to Wednesday’s Energy Information Administration’s (EIA) crude reserve count figures."
- According to FXStreet on Thursday, 21 December, "US EIA Crude Oil Stocks Change revealed that US Crude inventories for the week ending on December 15 unexpectedly rose to 2.909 million barrels. "
More news about Silver (SI).
