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Silver Futures Slides By 3% In The Last 5 Sessions

ViaNews Editorial Team

October 11, 2024

Silver Futures Slides By 3% In The Last 5 Sessions
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(VIANEWS) - Silver (SI) has been up by 3.33% for the last 5 sessions. At 20:50 EST on Thursday, 10 October, Silver (SI) is $31.37.

Volume

Today's last reported volume for Silver is 1120, 99.99% below its average volume of 8635991457.17.

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)

  • Endeavour silver's silver production decreases 14% y/y in Q3. According to Zacks on Wednesday, 9 October, "Endeavour Silver Corporation (EXK Quick QuoteEXK - Free Report) produced 1.6 million silver equivalent ounces in the third quarter of 2024, a 14% decline from the year-ago quarter due to reduced silver production at its mines, which offset higher gold output.", "For the third quarter , Endeavour Silver reported a 25.7% year-over-year decline in silver sales at 1.02 million ounces, while gold sales rose 7.4% to 9,412 ounces. "

News about

  • Crude oil finds support as market focus shifts back to supply. According to FXStreet on Wednesday, 9 October, "At the time of writing, Crude Oil (WTI) trades at $71.43and Brent Crude at $75.32"
  • Crude oil finds support after hurtful two-day price action. According to FXStreet on Thursday, 10 October, "At the time of writing, Crude Oil (WTI) trades at $73.60 and Brent Crude at $77.23"

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.