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Silver Futures Over 7% Up In The Last 21 Sessions

ViaNews Editorial Team

September 22, 2024

Silver Futures Over 7% Up In The Last 21 Sessions
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(VIANEWS) - Silver (SI) has been up by 7.86% for the last 21 sessions. At 05:50 EST on Sunday, 22 September, Silver (SI) is $31.50.

Volume

Today's last reported volume for Silver is 74064, 99.99% below its average volume of 8942732873.83.

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 maintains position near $31.00 near two-month highs. According to FXStreet on Friday, 20 September, "The safe-haven demand for Silver was bolstered by escalating tensions in the Middle East, as Israeli warplanes conducted their most intense strikes on southern Lebanon in nearly a year of conflict late Thursday. ", "Additionally, increasing expectations for further rate cuts by the US Federal Reserve by the end of 2024 are putting pressure on Silver demand. "
  • Pan american silver (paas) increases despite market slip: here's what you need to know. According to Zacks on Friday, 20 September, "Digging into valuation, Pan American Silver currently has a Forward P/E ratio of 35.69. ", "The most recent trading session ended with Pan American Silver (PAAS Quick QuotePAAS - Free Report) standing at $21.35, reflecting a +1.57% shift from the previouse trading day's closing. "

More news about Silver (SI).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.