Instructions: Create a custom silver price history chart by selecting the time period you wish to view. Then press the green arrow.

History of Silver Prices ... Yearly Highs and Lows

Year     High     Low
2000   $5.45   $4.57
2001   $4.82   $4.07
2002   $5.10   $4.24
2003   $5.97   $4.37
2004   $8.29   $5.49
2005   $9.00   $6.41
2006   $14.87   $8.82
2007   $15.59   $11.57
2008   $20.78   $8.99
2009   $19.41   $10.62
2010   $30.91   $15.03
2011   $48.48   $26.85
2012   $36.98   $26.32

Observations:

  • Between 2000 and 2012 the silver spot price increased by 579% (yearly high) and 476% (yearly low).
  • The most significant year-to-year increase in the yearly high was 65% which occurred between 2005 and 2006. Conversely, from 2011 to 2012 the yearly high decreased by 24%.
  • Silver prices were a little more volatile than gold prices. Please click here to view the gold price history for this same period of time.
  • Two significant events occurred during this time period … the War on Terror and the 2008 financial collapse. Clearly, fear and uncertainty, coupled with the quantitative easing (QE) programs promoted by the Federal Reserve immediately following the 2008 financial collapse, were motivating factors behind the increased investor demand for silver.
  • I would be remiss if I did not mention that silver (more than gold) is used as an industrial material. So, if the economy is growing, the demand for silver to make products may account for some of the price appreciations listed in the above table.

From a long-term view I believe silver still has upside potential as an investment. I see no evidence that gross deficit spending by the government will be brought under control anytime soon. Nor am I confident the Fed will soon curtail its QE programs which cause currency devaluation.

I hope the configurable silver price history chart at the top of this page helps you better understand how silver prices have changed during the last decade.


21st Century Silver Price History