Silver Price in USD per Troy Ounce for Last 3 Years

Current Price
$23.8650
3 Year High $29.5851
3 Year Low $12.0051
3 Year Change $9.0450 (61.04%)

Besides, What was the price of silver in 2016?

Silver Prices – 100 Year Historical Chart

Silver Prices – Historical Annual Data
Year Average Closing Price Annual % Change
2017 $17.07 7.12%
2016
$17.17
15.86%
2015 $15.66 -13.59%

Keeping this in mind, What is the highest price silver has ever been? Silver hit US$48.70 per ounce, the highest silver price to date, towards the end of the 1970s.

What is the highest silver price in history?

On January 18, 1980, this precious metal was at its premium, hitting $49.45 per ounce, the highest silver price to date.

How much was silver worth a year ago?

Stats

Value from 1 Year Ago
25.74
Change from 1 Year Ago -9.93%
Frequency Monthly
Unit USD per Troy Ounce
Adjustment N/A

What year was silver at its highest price?

Historical silver price action. Silver hit US$48.70 per ounce, the highest silver price to date, towards the end of the 1970s.

What’s the highest price silver has ever been?

On January 18, 1980, this precious metal was at its premium, hitting $49.45 per ounce, the highest silver price to date.

What was the price of gold in 2016?

Gold Price History in Canadian Dollars (CAD) for December 2016

Gold Price/oz Gold Price/gram
12/02/16
1,564.57

50.302
12/05/16 1,553.57 49.948
12/06/16 1,553.58 49.949
12/07/16 1,552.84 49.925

Why silver is a bad investment 2020?

One of the main dangers of silver investment is that the price is uncertain. The value of silver depends on the demand for it. Susceptible to technology shifts: Any other metal can replace it for its manufacturing reasons or something in the silver market.

Are silver prices expected to go up?

Most industry analysts predict the silver price will move higher this year, though five project it will remain below $30. The average of all these analysts is in the low $32 range.

Why was silver so expensive in 1980?

The cause for a rise in silver prices from $6 per oz. in early 1979 to $50 per oz. in January 1980 was largely attributed to the actions of the Hunt brothers, W. … Panic spread to other metals and stock prices fell dramatically before staging a rebound.

What is the highest price of silver in the last 10 years?

Silver Price in USD per Troy Ounce for Last 10 Years

Current Price $23.8650
10 Year High
$37.2300
10 Year Low $12.0051
10 Year Change $-10.6150 (-30.79%)

Will silver hit $50 an ounce?

Bank of America and Bloomberg Intelligence expect silver prices to eventually rise to $50 per ounce. While it would mean a roughly 80 percent upside from these levels, silver would still be a third of its all-time inflation-adjusted highs and only about reaching its absolute highs if it were to reach $50 per ounce.

Is silver going up 2021?

For 2021, further growth in physical silver investment is expected, such as silver bullion coins and silver bars. This silver market segment should rise for a fourth year, jumping 26 percent to 252.8 million ounces — that would be the highest level since 2015.

What was the price of silver in 2019?

Average Comex spot price of silver from 1975 to 2020 (in U.S. dollars per ounce)

Characteristic Price in U.S. dollars per ounce
2020 20.72
2019
16.24
2018 15.72
2017 17.08

•
29 avr. 2021

What was the price of silver 6 months ago?

Silver Price in USD per Gram for Last 6 Months

Current Price
$0.7564
6 Month High $0.9247
6 Month Low $0.6897
6 Month Change $-0.0782 (-9.37%)

What is 1oz silver worth?

Unit conversion for Silver Price Today

Conversion Silver Price(Spot) Price
1 Troy Ounce ≈ 31,10 Gram Silver Price Per 1 Gram 0.76 USD
1 Troy Ounce ≈ 0,031 Kilogram Silver Price Per 1 Kilogram 761.97 USD
1 Troy Ounce ≈ 1,097 Ounce Silver Price Per 1 Ounce
21.60 USD

When did silver Peak?

Industrial silver use fell from 449.1 million ounces in 1978 to 362.5 million ounces in 1980, a level fully 25% below the 1976 cyclical peak of 481.0 million ounces.

When did silver hit its all time high?

Historically, Silver reached an all time high of 49.51 in April of 2011. Silver – data, forecasts, historical chart – was last updated on October of 2021.

What will gold be worth in 2030?

The World Bank predicts the price of gold to decrease to $1,740/oz in 2021 from an average of $1,775/oz in 2020. In the next 10 years, the gold price is expected to decrease to $1,400/oz by 2030.

What will be the gold price in 2025?

Summary: What Is The Future Of The Gold

Year Gold Price Prediction
2023 $3,449
2024 $4,721
2024 $4,988
2025
$5,012

What is the price of gold over the last 10 years?

Gold Price in USD per Troy Ounce for Last 10 Years

Current Price
$1,790.46
10 Year High $2,067.16
10 Year Low $1,049.41
10 Year Change $41.46 (2.37%)

Is it worth investing in silver 2021?

When it comes to investing your money in different assets, you should consider silver as it offers good returns on investment. When you compare the price of silver with other asset classes, you will notice that is not overvalued yet.

Is it a bad time to buy silver?

While the silver price is typically flat in March, the best month to buy is June, followed by October. The wisdom of buying in June is further supported by the daily chart above.