Lowest Silver Price Ever

The current month is updated on an hourly basis with today s latest value.

Lowest silver price ever.

Buy silver online at the lowest price securely with money metals exchange. 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. When you re looking to buy silver bullion products our tools will help you find the best deal online from trusted and reputable dealers. Silver prices 100 year historical chart.

2008 saw the price of silver basically double to about 20 per ounce. Silver investors should be patient but ultimately our silver price forecasts for 2020 and 2021 will be reached. 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. It may happen a bit later or silver may accelerate at a certain point.

In the end silver is called the restless metal for a reason once it accelerates it is extremely powerful and relentless. Defense of the gold standard helped cause the great depression. In 1791 it set the price of gold at 19 49 per ounce but also used silver to redeem currency. This may potentially have been due to the breaking financial crises of 2008 2009 that saw the global banking system nearly collapse.

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. These are the cheapest silver prices offered by major online bullion dealers with the lowest silver premium. The series is deflated using the headline consumer price index cpi with the most recent month as the base. Cheapest silver bullion price.

The highest price for silver was just under us 50 in the 1970s. The silver bullion products listed here have the lowest premium over silver spot price per ounce. In 1834 it raised the price of gold to 20 69 per ounce. Silver prices once again came back down sharply to around the 10 per ounce level.

Interactive chart of historical data for real inflation adjusted silver prices per ounce back to 1915. Silver price history united states most of our website visitors are from the usa and for that reason we will begin with charts covering the us dollar price of silver since the founding of the united states of america usa. Gold price group 10440 n. 2011 was also the year that silver hit its.

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