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Silver Futures Falls By 5% In The Last 10 Sessions

ViaNews Editorial Team

October 8, 2023

Silver Futures Falls By 5% In The Last 10 Sessions
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(VIANEWS) - Silver (SI) has been up by 5.55% for the last 10 sessions. At 11:50 EST on Sunday, 8 October, Silver (SI) is $21.77.

Volume

Today's last reported volume for Silver is 82069, 99.99% below its average volume of 11773504621.95.

Volatility

Silver's last week, last month's, and last quarter's current intraday variation average was a negative 1.14%, a positive 0.47%, and a positive 1.14%, respectively.

Silver's highest amplitude of average volatility was 1.63% (last week), 1.16% (last month), and 1.14% (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 analysis: xag/usd demonstrates volatility squeeze ahead of US employment data. According to FXStreet on Friday, 6 October, "The 50-period Exponential Moving Average (EMA) at $20.50 continues to act as a major barricade for the Silver price bulls."
  • Pan american silver (paas) halts operation at la colorada mine. According to Zacks on Friday, 6 October, "The suspension will continue until Pan American Silver determines when to resume operations.", "Pan American Silver Corp. (PAAS Quick QuotePAAS - Free Report) announced that all operations at its La Colorada mine in Mexico had been temporarily halted. "

News about

  • According to FXStreet on Friday, 6 October, "West Texas Intermediary (WTI) Crude Oil prices edge lower for the third successive day on Friday - also marking the sixth day of a negative move in the previous seven and hit a fresh one-month low during the early European session. ", "This, in turn, should provide some meaningful impetus to the US Dollar-denominated commodities, including Crude Oil prices."

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.