Silver is currently showing bearish momentum. On Tuesday, May 4, at 12:06 pm EST, silver is at $ 26.33, down 2.36% from its last session close.
For silver’s daily highs and lows, that’s 1.739% above its subsequent 24-hour low of $ 25.88 and 2.77% below its final 24-hour high of $ 27.08.
Silver’s current volatility last week, last month and last quarter was 0.54%, 0.31% and 1.21%, respectively.
Silver’s current volatility rating, which measures how volatile a financial asset is (the difference between the lowest and highest value for a period), was 1.35% (last week), 1.04% (last month) and 1.21 % (last quarter), respectively. …
Classification of commodity prices
According to the Stochastic Oscillator, a useful indicator of overbought and oversold conditions, silver is considered oversold (<= 20).
Latest news about Silver
Silver is converted to gold for mule middle distillation. According to Business Insider on Tuesday May 4th: “In addition to the already award-winning Silver Spirit, Mean Mule’s product line also includes gold spirit that has been aged for at least eight years. weeks in virgin Missouri white oak barrels and a recently released Heritage spirit that is aged for a year in Missouri white oak barrels. ” and Mean Mule Distilling Co. received the prestigious Gold Award for his Silver Spirit. “
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