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Silver Futures Bullish By 5% In The Last 10 Sessions

ViaNews Editorial Team

August 27, 2024

Silver Futures Bullish By 5% In The Last 10 Sessions
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(VIANEWS) - Silver (SI) has been up by 5.19% for the last 10 sessions. At 23:50 EST on Monday, 26 August, Silver (SI) is $29.89.

Volume

Today's last reported volume for Silver is 5460, 99.99% below its average volume of 9033228781.07.

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 depreciates toward $29.50 despite a dovish fed. According to FXStreet on Monday, 26 August, "The price of the safe-haven Silver gained ground due to concerns about escalating conflict in the Middle East. ", "As Silver plays a crucial role in various industrial applications, this downturn in industrial activity could pose significant challenges to its demand."

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.