Silver: 20-day return +21.70% (97th pct)

On 2026-08-20, Silver closed at 68.03 USD/oz, up 3.50% on the day. It trades at 37.3% of its 52-week range. Its RSI(14) of 63.00 is in the 81st percentile of its history since 2000, and its 20-day return of +21.70% in the 97th percentile. Its 20/50/200-day moving averages are 61.731 / 62.933 / 69.903 USD/oz, with price +10.20% / +8.10% / -2.68% against them. Its 52-week range is 36.35–121.3 USD/oz; it closed 43.92% below the high and 87.15% above the low. Its 20-day volatility is 2.340% daily, in the 67th percentile of its history since 2000. Its 14-day average true range (ATR) is 2.065 USD/oz, 3.04% of price. It has returned +3.77% over 5 days and -23.47% over 60 days.

=== SILVER  (USD/oz) ===
  price & change   (as of 2026-08-20, prior 2026-08-19)
    close       68.030
    change      +2.300  (+3.499%)
  range            (as of 2026-08-20)
    range       2.100
    close pos   56.2% of range
  moving averages  (as of 2026-08-20)
     20d MA     61.731   price above by +10.20%
     50d MA     62.933   price above by +8.10%
    200d MA     69.903   price below by -2.68%
    price mixed vs MAs
    stack: 200d > 50d > 20d
  volatility       (as of 2026-08-20)
    20d stdev   2.340% daily ≈ 37.1% annualized (×√252)   (67th pct of own history, since 2000 (4784 obs))
    vs easing-2024 avg  0.75× (2.340% vs 3.126% era avg)
  ATR              (as of 2026-08-20)
    ATR(14)    2.065
    ATR%        3.04%   (82nd pct of own history, since 2000 (4790 obs))
    range/ATR   101.7%
  52-week range    (as of 2026-08-20)
    high        121.300   (-43.92% from high)
    low         36.350   (+87.15% from low)
  momentum         (as of 2026-08-20)
    RSI(14)     63.00   (81st pct of own history, since 2000 (4790 obs))
  returns          (as of 2026-08-20)
     5d return  +3.77%
    20d return  +21.70%
    60d return  -23.47%
  volatility by rate-era
    pre-crisis       2.64%   (from 2000-08-30)
    ZIRP-2009        2.34%
    tightening-2015  1.54%
    ZIRP-2019        2.40%
    tightening-2022  1.96%
    easing-2024      3.13%
  real-yield sensitivity (silver weekly returns vs weekly Δ in 10Y TIPS real yield, DFII10)  (as of 2026-08-19)
    vs real yield (Δ) -0.38 (26w)
    vs real yield (Δ) -0.24 (52w)
  cross-asset sensitivity (silver weekly returns vs the US dollar index (DXY) and S&P 500)  (as of 2026-08-20)
    vs DXY      -0.46 (26w)
    vs DXY      -0.33 (52w)
    vs S&P 500  +0.58 (26w)
    vs S&P 500  +0.40 (52w)