Silver Price History – Price of Silver Over Time


The price of silver has a rich history dating back thousands of years. In ancient times, silver was valued for its use in jewelry, coins, and various decorative items. During the 19th century, silver played a crucial role in monetary systems, particularly in the United States, with the adoption of the silver standard. However, the late 20th century saw a shift away from silver as a monetary metal, leading to a decline in its price. Silver has regained popularity as an investment and industrial metal in recent years, influenced by factors such as economic conditions, industrial demand, and geopolitical events, resulting in fluctuating prices.

 

Below is presented silver price in the last 10 years chart:

silver price last 10 years

 

Silver price history of 100 years

Below is the history of the price of silver from 1915 to 2021. Over time, the price of silver ranged from 29 cents per ounce (January 1931, during the Great Depression) to $49.45 per ounce on January 18, 1980.

silver price last 100 years

Silver price over time interactive chart

The history of silver prices is a complex and fascinating topic, reflecting a range of economic, political, and social factors over time. Here’s a detailed overview:

  1. Ancient and Medieval Periods:
    • Pre-19th Century: Silver, like gold, has been valued as a precious metal for thousands of years. In ancient times, it was used for coins, ornaments, jewelry, and utensils. Governments or monarchs often set their values.
    • Trade and Currency: Silver was crucial in international trade, especially along routes like the Silk Road. In medieval Europe, silver mines contributed significantly to local and national economies.
  2. 19th Century:
    • Industrial Revolution: The Industrial Revolution increased demand for silver, particularly in the emerging photographic industry and electrical applications.
    • Comstock Lode: The discovery of the Comstock Lode in Nevada in 1859 ushered in a silver rush that dramatically increased the silver supply, similar to the gold rush.
  3. 20th Century:
    • Early 1900s: The global economic changes and the shift to gold standards impacted silver prices.
    • World Wars: During the World Wars, demand for silver increased for use in various military applications.
    • Bretton Woods System: The establishment and subsequent collapse of the Bretton Woods system significantly impacted all precious metal prices, including silver.
    • Late 20th Century: In the 1970s, silver prices fluctuated wildly, partly due to the Hunt Brothers’ attempt to corner the market.
  4. 21st Century:
    • Early 2000s: Prices were relatively stable but began to climb due to increased demand in industries like electronics and solar panels.
    • 2008 Financial Crisis: The crisis led to a surge in investment demand for silver as a safe-haven asset, driving up prices.
    • 2011 Peak: Silver prices peaked in 2011 due to industrial demand and investment interest.
    • Recent Trends: In recent years, the advent of digital photography reduced demand from the photographic industry, but new uses in areas like renewable energy and electronics have emerged.
  5. Factors Influencing Silver Prices:
    • Industrial Demand: Silver’s industrial uses in electronics, solar energy, and medicine influence its price.
    • Investment Demand: Silver is considered a safe-haven investment, particularly during economic uncertainty.
    • Currency Strength: The value of the U.S. dollar often inversely affects silver prices.
    • Mining Supply: Changes in the supply due to new mine discoveries or closures can impact prices.
    • Global Economic and Political Events: Major events can cause fluctuations in silver prices.
  6. Future Outlook:
    • Technological Advances: The increasing use of silver in technological applications could drive future demand.
    • Economic Trends: Global economic trends, including inflation rates and currency values, will continue influencing silver prices.

Understanding the history of silver prices involves considering these multiple dimensions and recognizing that a complex interplay of historical and contemporary factors influences the value of silver.

What is the highest price that silver has ever been?

The highest silver price to date was $49.45 per ounce on January 18, 1980. The Hunt brothers ( W. Herbert Hunt and Nelson Bunker Hunt.) bought silver in the early 1970s to hedge against inflation. From 1979 to 1980, the price of silver jumped 724%. In late January 1980., COMEX raised margin requirements, and the silver market crash occurred.

Silver has been a valuable and sought-after commodity throughout history. It has been used as a currency and wealth store in many civilizations worldwide for centuries. But when we look at the history of silver prices over the past 100 years, we can see dramatic swings in pricing, reflecting the changing economic conditions of the times.

From 1915 to 2021, the price of silver ranged from as low as 29 cents an ounce during the Great Depression to highs of as much as $49.45 per ounce in 1980. The primary cause for these huge swings was speculation about inflation and deflation by prominent financial players like W. Herbert Hunt and Nelson Bunker Hunt. In fact, during their attempt to corner the silver market from 1979 to 1980, prices increased 724% before plummeting again after COMEX raised margin requirements on investors.

Silver prices have generally increased steadily since 2005 due to continued demand by industrial users like solar panel manufacturers and electrical appliance producers. Silver is also seen as a hedge against inflation and uncertainty about global economies, leading investors worldwide to stock up on silver reserves to protect their wealth.

Another factor driving silver prices in recent years is its use in jewelry and arts and crafts. Due to its malleability and physical properties, such as its ability to reflect light better than gold or platinum, many designers have increasingly used it in their collections. This demand for creative uses of silver is causing prices to remain relatively high despite the global economic downturns caused by COVID-19 lockdowns over the past year.

Overall, then, while there are still some major fluctuation points throughout silver’s price history over the last 100 years, today’s prices seem more stable compared with periods during World War I or II, where drastic variation could occur within just months or even weeks of each other due primarily to geopolitical events or shifts in financial regulations governing investments. With increasing use both commercially and artistically expected for years ahead, it will be interesting to see how much further into record territory this precious metal will go before leveling off again sometime soon!

What is the lowest silver has ever been?

In the last 100 years, the lowest silver price was 29 cents per ounce (on an inflation-adjusted basis) in January of 1931 during the Great Depression.

50 years silver chart

Below is a presented 50-year historical silver chart:

silver price last 50 years

Silver price chart 30 years

Below is presented silver price chart for the last 30 years:

silver price last 30 years

Silver price history table from 1915 till 2021

DateSilver price
1915-01-0113.59
1915-02-0113.73
1915-03-0113.87
1915-04-0113.73
1915-05-0113.59
1915-06-0113.59
1915-07-0113.59
1915-08-0113.59
1915-09-0113.59
1915-10-0113.46
1915-11-0113.33
1915-12-0113.33
1916-01-0117.34
1916-02-0117.34
1916-03-0117.18
1916-04-0117.02
1916-05-0116.86
1916-06-0116.7
1916-07-0116.7
1916-08-0116.55
1916-09-0116.25
1916-10-0115.96
1916-11-0115.68
1916-12-0115.55
1917-01-0119.33
1917-02-0118.84
1917-03-0118.84
1917-04-0117.95
1917-05-0117.67
1917-06-0117.39
1917-07-0117.67
1917-08-0117.39
1917-09-0117
1917-10-0116.75
1917-11-0116.75
1917-12-0116.51
1918-01-0118.84
1918-02-0118.71
1918-03-0118.84
1918-04-0118.58
1918-05-0118.19
1918-06-0117.95
1918-07-0117.47
1918-08-0117.13
1918-09-0116.8
1918-10-0116.49
1918-11-0116.18
1918-12-0115.99
1919-01-0118.44
1919-02-0118.78
1919-03-0118.55
1919-04-0118.21
1919-05-0118
1919-06-0118
1919-07-0117.48
1919-08-0117.19
1919-09-0117.09
1919-10-0116.81
1919-11-0116.44
1919-12-0116.09
1920-01-0114.37
1920-02-0114.22
1920-03-0114.07
1920-04-0113.66
1920-05-0113.46
1920-06-0113.27
1920-07-0113.33
1920-08-0113.66
1920-09-0113.86
1920-10-0113.93
1920-11-0114
1920-12-0114.29
1921-01-018.93
1921-02-019.22
1921-03-019.27
1921-04-019.37
1921-05-019.58
1921-06-019.64
1921-07-019.58
1921-08-019.58
1921-09-019.69
1921-10-019.69
1921-11-019.75
1921-12-019.8
1922-01-0110.83
1922-02-0110.83
1922-03-0110.96
1922-04-0110.96
1922-05-0110.96
1922-06-0110.96
1922-07-0110.9
1922-08-0111.03
1922-09-0111.03
1922-10-0110.96
1922-11-0110.9
1922-12-0110.83
1923-01-0110.42
1923-02-0110.42
1923-03-0110.42
1923-04-0110.35
1923-05-0110.35
1923-06-0110.29
1923-07-0110.17
1923-08-0110.23
1923-09-0110.17
1923-10-0110.11
1923-11-0110.11
1923-12-0110.11
1924-01-0110.43
1924-02-0110.49
1924-03-0110.55
1924-04-0110.61
1924-05-0110.61
1924-06-0110.61
1924-07-0110.55
1924-08-0110.61
1924-09-0110.55
1924-10-0110.49
1924-11-0110.49
1924-12-0110.43
1925-01-0110.74
1925-02-0110.8
1925-03-0110.74
1925-04-0110.8
1925-05-0110.74
1925-06-0110.61
1925-07-0110.49
1925-08-0110.49
1925-09-0110.49
1925-10-0110.49
1925-11-0110.32
1925-12-0110.38
1926-01-019.32
1926-02-019.32
1926-03-019.38
1926-04-019.32
1926-05-019.38
1926-06-019.43
1926-07-019.54
1926-08-019.59
1926-09-019.54
1926-10-019.48
1926-11-019.43
1926-12-019.43
1927-01-018.77
1927-02-018.82
1927-03-018.87
1927-04-018.87
1927-05-018.82
1927-06-018.72
1927-07-018.87
1927-08-018.92
1927-09-018.87
1927-10-018.82
1927-11-018.87
1927-12-018.87
1928-01-019.02
1928-02-019.13
1928-03-019.13
1928-04-019.13
1928-05-019.08
1928-06-019.13
1928-07-019.13
1928-08-019.13
1928-09-019.02
1928-10-019.08
1928-11-019.08
1928-12-019.13
1929-01-018.34
1929-02-018.34
1929-03-018.39
1929-04-018.44
1929-05-018.39
1929-06-018.34
1929-07-018.25
1929-08-018.25
1929-09-018.25
1929-10-018.25
1929-11-018.25
1929-12-018.3
1930-01-015.98
1930-02-016.02
1930-03-016.05
1930-04-016.02
1930-05-016.05
1930-06-016.09
1930-07-016.16
1930-08-016.2
1930-09-016.16
1930-10-016.2
1930-11-016.24
1930-12-016.35
1931-01-014.91
1931-02-014.97
1931-03-015
1931-04-015.04
1931-05-015.1
1931-06-015.17
1931-07-015.17
1931-08-015.17
1931-09-015.2
1931-10-015.24
1931-11-015.31
1931-12-015.35
1932-01-015.27
1932-02-015.35
1932-03-015.38
1932-04-015.42
1932-05-015.5
1932-06-015.54
1932-07-015.54
1932-08-015.58
1932-09-015.62
1932-10-015.67
1932-11-015.71
1932-12-015.75
1933-01-017.3
1933-02-017.42
1933-03-017.48
1933-04-017.48
1933-05-017.48
1933-06-017.42
1933-07-017.19
1933-08-017.14
1933-09-017.14
1933-10-017.14
1933-11-017.14
1933-12-017.14
1934-01-019.79
1934-02-019.72
1934-03-019.72
1934-04-019.72
1934-05-019.72
1934-06-019.64
1934-07-019.64
1934-08-019.64
1934-09-019.5
1934-10-019.57
1934-11-019.57
1934-12-019.64
1935-01-0112.67
1935-02-0112.58
1935-03-0112.58
1935-04-0112.48
1935-05-0112.48
1935-06-0112.58
1935-07-0112.58
1935-08-0112.58
1935-09-0112.58
1935-10-0112.58
1935-11-0112.48
1935-12-0112.48
1936-01-018.78
1936-02-018.78
1936-03-018.84
1936-04-018.84
1936-05-018.84
1936-06-018.78
1936-07-018.72
1936-08-018.65
1936-09-018.65
1936-10-018.65
1936-11-018.65
1936-12-018.65
1937-01-018.59
1937-02-018.59
1937-03-018.53
1937-04-018.47
1937-05-018.41
1937-06-018.41
1937-07-018.35
1937-08-018.35
1937-09-018.3
1937-10-018.3
1937-11-018.35
1937-12-018.41
1938-01-018.15
1938-02-018.21
1938-03-018.21
1938-04-018.15
1938-05-018.21
1938-06-018.21
1938-07-018.21
1938-08-018.21
1938-09-018.21
1938-10-018.27
1938-11-018.27
1938-12-018.27
1939-01-017.5
1939-02-017.55
1939-03-017.55
1939-04-017.61
1939-05-017.61
1939-06-017.61
1939-07-017.61
1939-08-017.61
1939-09-017.45
1939-10-017.5
1939-11-017.5
1939-12-017.5
1940-01-016.78
1940-02-016.73
1940-03-016.73
1940-04-016.73
1940-05-016.73
1940-06-016.68
1940-07-016.73
1940-08-016.73
1940-09-016.73
1940-10-016.73
1940-11-016.73
1940-12-016.68
1941-01-016.68
1941-02-016.68
1941-03-016.63
1941-04-016.59
1941-05-016.54
1941-06-016.41
1941-07-016.41
1941-08-016.32
1941-09-016.24
1941-10-016.16
1941-11-016.12
1941-12-016.08
1942-01-016.52
1942-02-016.47
1942-03-016.39
1942-04-016.35
1942-05-016.28
1942-06-016.28
1942-07-016.24
1942-08-016.2
1942-09-016.2
1942-10-016.13
1942-11-016.09
1942-12-016.05
1943-01-017.17
1943-02-017.17
1943-03-017.04
1943-04-016.96
1943-05-016.92
1943-06-016.92
1943-07-016.96
1943-08-017
1943-09-016.96
1943-10-016.96
1943-11-016.96
1943-12-016.96
1944-01-016.96
1944-02-016.96
1944-03-016.96
1944-04-016.92
1944-05-016.92
1944-06-016.88
1944-07-016.84
1944-08-016.84
1944-09-016.84
1944-10-016.84
1944-11-016.84
1944-12-016.81
1945-01-017.86
1945-02-017.86
1945-03-017.86
1945-04-017.86
1945-05-017.82
1945-06-017.73
1945-07-017.73
1945-08-017.73
1945-09-017.73
1945-10-017.73
1945-11-017.73
1945-12-017.69
1946-01-0111.83
1946-02-0111.9
1946-03-0111.77
1946-04-0111.7
1946-05-0111.64
1946-06-0111.52
1946-07-0110.88
1946-08-0110.66
1946-09-0110.56
1946-10-0110.35
1946-11-0110.11
1946-12-0110.02
1947-01-019.02
1947-02-019.02
1947-03-018.85
1947-04-018.85
1947-05-018.85
1947-06-018.81
1947-07-018.73
1947-08-018.61
1947-09-018.43
1947-10-018.43
1947-11-018.39
1947-12-018.28
1948-01-018.4
1948-02-018.48
1948-03-018.51
1948-04-018.37
1948-05-018.33
1948-06-018.27
1948-07-018.16
1948-08-018.13
1948-09-018.13
1948-10-018.16
1948-11-018.23
1948-12-018.27
1949-01-018.08
1949-02-018.14
1949-03-018.14
1949-04-018.11
1949-05-018.14
1949-06-018.11
1949-07-018.18
1949-08-018.14
1949-09-018.11
1949-10-018.18
1949-11-018.14
1949-12-018.21
1950-01-018.48
1950-02-018.48
1950-03-018.44
1950-04-018.44
1950-05-018.4
1950-06-018.37
1950-07-018.27
1950-08-018.2
1950-09-018.16
1950-10-018.1
1950-11-018.07
1950-12-017.97
1951-01-019.43
1951-02-019.32
1951-03-019.29
1951-04-019.29
1951-05-019.25
1951-06-019.25
1951-07-019.25
1951-08-019.25
1951-09-019.18
1951-10-019.14
1951-11-019.08
1951-12-019.04
1952-01-018.63
1952-02-018.7
1952-03-018.7
1952-04-018.67
1952-05-018.67
1952-06-018.63
1952-07-018.57
1952-08-018.57
1952-09-018.57
1952-10-018.57
1952-11-018.57
1952-12-018.57
1953-01-018.6
1953-02-018.63
1953-03-018.6
1953-04-018.6
1953-05-018.57
1953-06-018.54
1953-07-018.54
1953-08-018.51
1953-09-018.51
1953-10-018.47
1953-11-018.51
1953-12-018.51
1954-01-018.51
1954-02-018.51
1954-03-018.51
1954-04-018.54
1954-05-018.51
1954-06-018.51
1954-07-018.51
1954-08-018.51
1954-09-018.54
1954-10-018.54
1954-11-018.54
1954-12-018.57
1955-01-018.97
1955-02-018.97
1955-03-018.97
1955-04-018.97
1955-05-018.97
1955-06-018.97
1955-07-018.94
1955-08-018.94
1955-09-018.91
1955-10-018.91
1955-11-018.91
1955-12-018.94
1956-01-019.24
1956-02-019.24
1956-03-019.24
1956-04-019.21
1956-05-019.17
1956-06-019.11
1956-07-019.04
1956-08-019.07
1956-09-019.04
1956-10-019.01
1956-11-019.01
1956-12-018.97
1957-01-018.97
1957-02-018.94
1957-03-018.91
1957-04-018.88
1957-05-018.84
1957-06-018.81
1957-07-018.75
1957-08-018.75
1957-09-018.75
1957-10-018.75
1957-11-018.72
1957-12-018.72
1958-01-018.38
1958-02-018.38
1958-03-018.32
1958-04-018.29
1958-05-018.29
1958-06-018.29
1958-07-018.26
1958-08-018.29
1958-09-018.29
1958-10-018.29
1958-11-018.26
1958-12-018.29
1959-01-018.54
1959-02-018.57
1959-03-018.57
1959-04-018.54
1959-05-018.54
1959-06-018.51
1959-07-018.48
1959-08-018.48
1959-09-018.45
1959-10-018.42
1959-11-018.42
1959-12-018.42
1960-01-018.45
1960-02-018.42
1960-03-018.42
1960-04-018.4
1960-05-018.4
1960-06-018.37
1960-07-018.37
1960-08-018.37
1960-09-018.37
1960-10-018.31
1960-11-018.31
1960-12-018.31
1961-01-018.4
1961-02-018.4
1961-03-018.4
1961-04-018.4
1961-05-018.4
1961-06-018.4
1961-07-018.34
1961-08-018.37
1961-09-018.34
1961-10-018.34
1961-11-018.34
1961-12-018.34
1962-01-019.78
1962-02-019.75
1962-03-019.75
1962-04-019.72
1962-05-019.72
1962-06-019.72
1962-07-019.68
1962-08-019.68
1962-09-019.65
1962-10-019.65
1962-11-019.65
1962-12-019.65
1963-01-0111.42
1963-02-0111.42
1963-03-0111.39
1963-04-0111.39
1963-05-0111.39
1963-06-0111.39
1963-07-0111.36
1963-08-0111.36
1963-09-0111.32
1963-10-0111.31
1963-11-0111.31
1963-12-0111.26
1964-01-0111.26
1964-02-0111.27
1964-03-0111.35
1964-04-0111.26
1964-05-0111.26
1964-06-0111.22
1964-07-0111.2
1964-08-0111.28
1964-09-0111.33
1964-10-0111.25
1964-11-0111.2
1964-12-0111.33
1965-01-0111.23
1965-02-0111.23
1965-03-0111.15
1965-04-0111.14
1965-05-0111.08
1965-06-0110.97
1965-07-0110.99
1965-08-0111.02
1965-09-0111.03
1965-10-0110.98
1965-11-0110.99
1965-12-0110.98
1966-01-0110.96
1966-02-0110.88
1966-03-0110.82
1966-04-0110.79
1966-05-0110.75
1966-06-0110.76
1966-07-0110.78
1966-08-0110.77
1966-09-0110.76
1966-10-0110.6
1966-11-0110.6
1966-12-0110.68
1967-01-0110.58
1967-02-0110.64
1967-03-0110.57
1967-04-0110.61
1967-05-0113.06
1967-06-0113.71
1967-07-0114.86
1967-08-0113.52
1967-09-0113.7
1967-10-0115
1967-11-0116.18
1967-12-0117.89
1968-01-0115.25
1968-02-0116.97
1968-03-0117.46
1968-04-0118.35
1968-05-0118.96
1968-06-0119.4
1968-07-0117.01
1968-08-0117.44
1968-09-0116.37
1968-10-0114.55
1968-11-0114.74
1968-12-0114.97
1969-01-0115.13
1969-02-0113.71
1969-03-0113.65
1969-04-0113.1
1969-05-0113.16
1969-06-0111.72
1969-07-0111.72
1969-08-0112.37
1969-09-0113.76
1969-10-0114.4
1969-11-0113.86
1969-12-0113.08
1970-01-0113.64
1970-02-0113.63
1970-03-0113.43
1970-04-0112.07
1970-05-0111.2
1970-06-0111.33
1970-07-0112.29
1970-08-0112.95
1970-09-0111.6
1970-10-0112.38
1970-11-0110.93
1970-12-0111.19
1971-01-0110.8
1971-02-0110.88
1971-03-0111.61
1971-04-0111.39
1971-05-0110.92
1971-06-0110.49
1971-07-0110.53
1971-08-019.92
1971-09-019.31
1971-10-018.6
1971-11-018.82
1971-12-019.05
1972-01-0110.01
1972-02-019.63
1972-03-0110.39
1972-04-0110.41
1972-05-019.93
1972-06-0110.18
1972-07-0111.62
1972-08-0112.34
1972-09-0111.24
1972-10-0111.73
1972-11-0111.97
1972-12-0112.94
1973-01-0112.93
1973-02-0115.96
1973-03-0113.7
1973-04-0113.4
1973-05-0115.92
1973-06-0116.52
1973-07-0117.63
1973-08-0115.97
1973-09-0116.81
1973-10-0117.01
1973-11-0117.48
1973-12-0119.18
1974-01-0123.45
1974-02-0132.99
1974-03-0130.24
1974-04-0132.07
1974-05-0127.33
1974-06-0126.26
1974-07-0127.26
1974-08-0122.98
1974-09-0123.54
1974-10-0125.52
1974-11-0124.26
1974-12-0123.04
1975-01-0121.21
1975-02-0123.09
1975-03-0121.84
1975-04-0122.15
1975-05-0122.87
1975-06-0123.41
1975-07-0125.11
1975-08-0123.06
1975-09-0122.31
1975-10-0120.55
1975-11-0120.04
1975-12-0120.49
1976-01-0119.22
1976-02-0120.43
1976-03-0119.52
1976-04-0121.55
1976-05-0122.44
1976-06-0123.12
1976-07-0121.27
1976-08-0119.37
1976-09-0120.43
1976-10-0120.14
1976-11-0119.91
1976-12-0120.27
1977-01-0120.69
1977-02-0121.71
1977-03-0121.86
1977-04-0121.53
1977-05-0120.38
1977-06-0120
1977-07-0119.95
1977-08-0119.89
1977-09-0120.55
1977-10-0121.38
1977-11-0120.82
1977-12-0120.97
1978-01-0121.53
1978-02-0121.46
1978-03-0123.31
1978-04-0121.14
1978-05-0122.66
1978-06-0121.76
1978-07-0123.32
1978-08-0122.73
1978-09-0123.13
1978-10-0124.93
1978-11-0124.07
1978-12-0124.34
1979-01-0126.62
1979-02-0130.41
1979-03-0128.97
1979-04-0130.77
1979-05-0133
1979-06-0132.59
1979-07-0133.39
1979-08-0139.44
1979-09-0160.63
1979-10-0160.11
1979-11-0166.76
1979-12-01105.76
1980-01-01123.7
1980-02-01123.28
1980-03-0164.03
1980-04-0142.87
1980-05-0145.91
1980-06-0154.81
1980-07-0150.62
1980-08-0154.08
1980-09-0168.11
1980-10-0160.62
1980-11-0159.23
1980-12-0150.01
1981-01-0141.61
1981-02-0138.09
1981-03-0136.6
1981-04-0134.2
1981-05-0132.62
1981-06-0126
1981-07-0125.39
1981-08-0128.11
1981-09-0127.09
1981-10-0126.66
1981-11-0123.74
1981-12-0123.65
1982-01-0123.64
1982-02-0122.49
1982-03-0120.6
1982-04-0119.82
1982-05-0117.69
1982-06-0117.02
1982-07-0118.61
1982-08-0122.06
1982-09-0122.66
1982-10-0127.66
1982-11-0127.89
1982-12-0130.52
1983-01-0139.12
1983-02-0131.78
1983-03-0129.56
1983-04-0133.32
1983-05-0135.55
1983-06-0131.71
1983-07-0132.1
1983-08-0133.18
1983-09-0129.59
1983-10-0123
1983-11-0125.76
1983-12-0124.25
1984-01-0122.88
1984-02-0125.71
1984-03-0125.98
1984-04-0123.71
1984-05-0124.31
1984-06-0122.11
1984-07-0118.32
1984-08-0119.62
1984-09-0119.54
1984-10-0118.61
1984-11-0118.04
1984-12-0116.26
1985-01-0116.31
1985-02-0114.44
1985-03-0117.01
1985-04-0115.67
1985-05-0115.53
1985-06-0115.45
1985-07-0115.81
1985-08-0115.82
1985-09-0115.15
1985-10-0115.17
1985-11-0115.1
1985-12-0114.5
1986-01-0114.92
1986-02-0114.01
1986-03-0112.78
1986-04-0112.83
1986-05-0113.03
1986-06-0112.66
1986-07-0112.6
1986-08-0112.79
1986-09-0113.74
1986-10-0113.86
1986-11-0113.19
1986-12-0113.27
1987-01-0113.38
1987-02-0113.22
1987-03-0114.93
1987-04-0119.26
1987-05-0118.25
1987-06-0117.53
1987-07-0119.76
1987-08-0117.65
1987-09-0117.82
1987-10-0116.32
1987-11-0116.5
1987-12-0115.75
1988-01-0115.23
1988-02-0114.63
1988-03-0115.68
1988-04-0115.1
1988-05-0115.24
1988-06-0115.41
1988-07-0115.57
1988-08-0115.11
1988-09-0113.99
1988-10-0114.22
1988-11-0113.83
1988-12-0113.65
1989-01-0112.97
1989-02-0113.09
1989-03-0112.82
1989-04-0112.43
1989-05-0111.32
1989-06-0111.33
1989-07-0111.5
1989-08-0111.1
1989-09-0111.44
1989-10-0111.18
1989-11-0112.18
1989-12-0111.23
1990-01-0111.05
1990-02-0110.91
1990-03-0110.42
1990-04-0110.44
1990-05-0110.65
1990-06-0110.25
1990-07-019.95
1990-08-019.91
1990-09-019.8
1990-10-018.43
1990-11-018.32
1990-12-018.52
1991-01-017.7
1991-02-017.52
1991-03-017.71
1991-04-017.98
1991-05-018.17
1991-06-018.84
1991-07-018.06
1991-08-017.6
1991-09-018.19
1991-10-018.05
1991-11-017.95
1991-12-017.62
1992-01-018.15
1992-02-018.02
1992-03-018
1992-04-017.74
1992-05-017.75
1992-06-017.78
1992-07-017.54
1992-08-017.19
1992-09-017.17
1992-10-017.14
1992-11-017.09
1992-12-016.99
1993-01-016.91
1993-02-016.76
1993-03-017.3
1993-04-018.24
1993-05-018.63
1993-06-018.54
1993-07-0110.08
1993-08-019.06
1993-09-017.57
1993-10-018.07
1993-11-018.18
1993-12-019.43
1994-01-019.45
1994-02-019.88
1994-03-0110.58
1994-04-019.81
1994-05-0110.13
1994-06-019.85
1994-07-019.67
1994-08-019.93
1994-09-0110.19
1994-10-019.48
1994-11-018.83
1994-12-018.82
1995-01-018.35
1995-02-018.13
1995-03-019.44
1995-04-0110.23
1995-05-019.39
1995-06-018.92
1995-07-018.92
1995-08-019.46
1995-09-019.64
1995-10-019.39
1995-11-019.12
1995-12-019.12
1996-01-019.74
1996-02-019.62
1996-03-019.58
1996-04-019.18
1996-05-019.29
1996-06-018.63
1996-07-018.83
1996-08-018.96
1996-09-018.32
1996-10-018.18
1996-11-018.03
1996-12-018.11
1997-01-018.32
1997-02-019.03
1997-03-018.54
1997-04-017.87
1997-05-017.86
1997-06-017.79
1997-07-017.53
1997-08-017.82
1997-09-018.74
1997-10-017.89
1997-11-018.74
1997-12-019.98
1998-01-0110.2
1998-02-0110.76
1998-03-0110.74
1998-04-0110.31
1998-05-018.41
1998-06-019.13
1998-07-019
1998-08-017.68
1998-09-018.82
1998-10-018.28
1998-11-017.95
1998-12-018.23
1999-01-018.57
1999-02-019.21
1999-03-018.11
1999-04-018.79
1999-05-017.93
1999-06-018.57
1999-07-018.83
1999-08-018.39
1999-09-019
1999-10-018.29
1999-11-018.33
1999-12-018.71
2000-01-018.48
2000-02-018.08
2000-03-017.93
2000-04-017.86
2000-05-017.8
2000-06-017.92
2000-07-017.85
2000-08-017.85
2000-09-017.67
2000-10-017.39
2000-11-017.27
2000-12-017.15
2001-01-017.4
2001-02-016.9
2001-03-016.56
2001-04-016.62
2001-05-016.68
2001-06-016.53
2001-07-016.41
2001-08-016.37
2001-09-017.06
2001-10-016.4
2001-11-016.28
2001-12-016.98
2002-01-016.42
2002-02-016.83
2002-03-017
2002-04-016.81
2002-05-017.55
2002-06-017.26
2002-07-016.87
2002-08-016.65
2002-09-016.76
2002-10-016.69
2002-11-016.56
2002-12-017.16
2003-01-017.2
2003-02-016.76
2003-03-016.52
2003-04-016.81
2003-05-016.65
2003-06-016.69
2003-07-017.5
2003-08-017.48
2003-09-017.48
2003-10-017.37
2003-11-017.82
2003-12-018.71
2004-01-019.09
2004-02-019.7
2004-03-0111.41
2004-04-018.72
2004-05-018.7
2004-06-018.22
2004-07-019.32
2004-08-019.67
2004-09-019.84
2004-10-0110.3
2004-11-0110.9
2004-12-019.67
2005-01-019.53
2005-02-0110.37
2005-03-0110
2005-04-019.59
2005-05-0110.32
2005-06-019.78
2005-07-0110.01
2005-08-019.38
2005-09-0110.17
2005-10-0110.24
2005-11-0111.31
2005-12-0112.14
2006-01-0113.42
2006-02-0113.26
2006-03-0115.52
2006-04-0118.18
2006-05-0116.55
2006-06-0114.47
2006-07-0115.04
2006-08-0117.17
2006-09-0115.31
2006-10-0116.37
2006-11-0118.68
2006-12-0117.27
2007-01-0118.06
2007-02-0118.88
2007-03-0117.63
2007-04-0117.62
2007-05-0117.46
2007-06-0116.09
2007-07-0116.82
2007-08-0115.8
2007-09-0117.97
2007-10-0118.6
2007-11-0117.95
2007-12-0119.1
2008-01-0121.67
2008-02-0125.31
2008-03-0121.83
2008-04-0120.77
2008-05-0120.96
2008-06-0121.52
2008-07-0121.77
2008-08-0116.82
2008-09-0115.1
2008-10-0112.09
2008-11-0112.92
2008-12-0114.45
2009-01-0116.02
2009-02-0116.63
2009-03-0116.44
2009-04-0115.55
2009-05-0119.65
2009-06-0116.97
2009-07-0117.43
2009-08-0118.6
2009-09-0120.76
2009-10-0120.24
2009-11-0123.02
2009-12-0121
2010-01-0120.11
2010-02-0120.51
2010-03-0121.68
2010-04-0123.01
2010-05-0122.73
2010-06-0123.1
2010-07-0122.23
2010-08-0123.95
2010-09-0126.88
2010-10-0130.24
2010-11-0134.67
2010-12-0137.99
2011-01-0134.42
2011-02-0141.12
2011-03-0145.66
2011-04-0158.17
2011-05-0145.62
2011-06-0141.55
2011-07-0147.81
2011-08-0149.61
2011-09-0135.68
2011-10-0140.85
2011-11-0138.97
2011-12-0133.29
2012-01-0139.52
2012-02-0140.94
2012-03-0138.14
2012-04-0136.27
2012-05-0132.51
2012-06-0132.38
2012-07-0132.8
2012-08-0136.71
2012-09-0140.22
2012-10-0137.61
2012-11-0138.84
2012-12-0135.42
2013-01-0136.65
2013-02-0132.95
2013-03-0132.74
2013-04-0128
2013-05-0125.72
2013-06-0122.44
2013-07-0122.61
2013-08-0127.05
2013-09-0124.97
2013-10-0125.22
2013-11-0123.09
2013-12-0122.37
2014-01-0122.01
2014-02-0124.36
2014-03-0122.5
2014-04-0121.75
2014-05-0121.15
2014-06-0123.76
2014-07-0123.07
2014-08-0122.04
2014-09-0119.29
2014-10-0118.26
2014-11-0117.69
2014-12-0117.87
2015-01-0119.82
2015-02-0118.98
2015-03-0118.92
2015-04-0118.38
2015-05-0118.91
2015-06-0117.57
2015-07-0116.63
2015-08-0116.48
2015-09-0116.42
2015-10-0117.62
2015-11-0115.94
2015-12-0115.7
2016-01-0116.18
2016-02-0116.93
2016-03-0117.47
2016-04-0120.04
2016-05-0117.93
2016-06-0120.79
2016-07-0122.77
2016-08-0120.9
2016-09-0121.42
2016-10-0119.82
2016-11-0118.31
2016-12-0117.82
2017-01-0119.46
2017-02-0120.4
2017-03-0120.15
2017-04-0118.99
2017-05-0119.15
2017-06-0118.26
2017-07-0118.46
2017-08-0119.24
2017-09-0118.19
2017-10-0118.21
2017-11-0117.9
2017-12-0118.7
2018-01-0118.72
2018-02-0117.72
2018-03-0117.55
2018-04-0117.6
2018-05-0117.61
2018-06-0117.28
2018-07-0116.62
2018-08-0115.52
2018-09-0115.68
2018-10-0115.2
2018-11-0115.09
2018-12-0116.62
2019-01-0117.18
2019-02-0116.63
2019-03-0116
2019-04-0115.76
2019-05-0115.31
2019-06-0116.1
2019-07-0117.21
2019-08-0119.21
2019-09-0117.81
2019-10-0118.9
2019-11-0117.8
2019-12-0118.76
2020-01-0118.8
2020-02-0117.12
2020-03-0114.76
2020-04-0115.71
2020-05-0119.42
2020-06-0119.44
2020-07-0125.16
2020-08-0129.59
2020-09-0124.29
2020-10-0124.45
2020-11-0123.32
2020-12-0127.27
2021-01-0127.69
2021-02-0127.07
2021-03-0124.92
2021-04-0126.08
2021-05-0128.01
2021-06-0126.05

Conclusion

The history of silver prices reflects a complex interplay of economic, industrial, and speculative factors. The record high of $49.45 per ounce in 1980, driven by the Hunt brothers’ large-scale purchasing, illustrates how market speculation can significantly impact commodity prices. However, this peak was short-lived, with regulatory changes leading to a sharp market crash. Over time, the value of silver has been influenced by its industrial demand, investment appeal, and global economic trends.

Fxigor

Fxigor

Igor has been a trader since 2007. Currently, Igor works for several prop trading companies. He is an expert in financial niche, long-term trading, and weekly technical levels. The primary field of Igor's research is the application of machine learning in algorithmic trading. Education: Computer Engineering and Ph.D. in machine learning. Igor regularly publishes trading-related videos on the Fxigor Youtube channel. To contact Igor write on: igor@forex.in.rs

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