In our nation s historically brief 240 year history the price of silver has swung from as low as 25 oz amid the great depression 1932 1933 to two various high.
Lowest silver price ever.
In the end silver is called the restless metal for a reason once it accelerates it is extremely powerful and relentless.
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Cheapest silver bullion price.
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Silver prices once again came back down sharply to around the 10 per ounce level.
This may potentially have been due to the breaking financial crises of 2008 2009 that saw the global banking system nearly collapse.
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Defense of the gold standard helped cause the great depression.
It came close to that level again in 2011 when it hit us 35 12 more than double the 2009 average silver price of us 14 67.
In 1791 it set the price of gold at 19 49 per ounce but also used silver to redeem currency.
The current month is updated on an hourly basis with today s latest value.
In 1834 it raised the price of gold to 20 69 per ounce.
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It may happen a bit later or silver may accelerate at a certain point.
The highest price for silver was just under us 50 in the 1970s.
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The commodity price uptick came on the back of very strong silver investment demand and was more than double the 2009 average silver price of us 14 67.
Silver prices 100 year historical chart.
The series is deflated using the headline consumer price index cpi with the most recent month as the base.
2011 was also the year that silver hit its.
2008 saw the price of silver basically double to about 20 per ounce.
Interactive chart of historical data for real inflation adjusted silver prices per ounce back to 1915.
Gold price group 10440 n.