Silver Price in October 2000
In October 2000, silver fell 3.0%, from $4.90 at the end of September to $4.75 per troy ounce on October 31, 2000. The highest close was $4.92 on October 12, 2000, the lowest $4.73 on October 26, 2000, and the average over 22 trading days was $4.84. Today's price is 1,027.9% higher than the October 2000 close.
- Silver fell 3.0% in US dollars in October 2000.
- Measured in other currencies, the change ranged from −2.4% in JPY to −2.4% in JPY, because exchange rates moved too.
- It did better than gold (−3.2%), and worse than US stocks (−0.4%).
- It closed higher on 11 trading days and lower on 10, with an average daily move of 0.44%.
- At the end of the month it was 5.0% below its highest close since 2000.
- Gold/silver ratio: 55.8 → 55.7.
Silver price chart, October 2000
US dollars per troy ounce · daily closeSilver in other currencies, October 2000
| Currency | Change in the month |
|---|---|
| JPY | −2.4% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes silver rise more in local terms.
Silver vs other assets, October 2000
| Asset | Change (USD) |
|---|---|
| Silver | −3.0% |
| Gold | −3.2% |
| S&P 500 (with dividends) | −0.4% |
| US inflation (CPI, month) | +0.17% |
| Gold/silver ratio | 55.8 → 55.7 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, October 2000
Closing price for every trading day.
| Date | Close (USD per oz) | Change | USD per gram |
|---|---|---|---|
| Oct 2Mon | $4.91 | +0.14% | $0.16 |
| Oct 3Tue | $4.91 | +0.14% | $0.16 |
| Oct 4Wed | $4.87 | −0.79% | $0.16 |
| Oct 5Thu | $4.89 | +0.31% | $0.16 |
| Oct 6Fri | $4.88 | −0.12% | $0.16 |
| Oct 9Mon | $4.89 | +0.04% | $0.16 |
| Oct 10Tue | $4.92 | +0.68% | $0.16 |
| Oct 11Wed | $4.87 | −0.98% | $0.16 |
| Oct 12Thu | $4.92 | +1.09% | $0.16 |
| Oct 13Fri | $4.88 | −0.81% | $0.16 |
| Oct 16Mon | $4.88 | −0.04% | $0.16 |
| Oct 17Tue | $4.84 | −0.78% | $0.16 |
| Oct 18Wed | $4.85 | +0.21% | $0.16 |
| Oct 19Thu | $4.83 | −0.52% | $0.16 |
| Oct 20Fri | $4.83 | 0.00% | $0.16 |
| Oct 23Mon | $4.79 | −0.87% | $0.15 |
| Oct 24Tue | $4.80 | +0.27% | $0.15 |
| Oct 25Wed | $4.76 | −0.73% | $0.15 |
| Oct 26Thu | $4.73 | −0.69% | $0.15 |
| Oct 27Fri | $4.75 | +0.32% | $0.15 |
| Oct 30Mon | $4.75 | +0.04% | $0.15 |
| Oct 31Tue | $4.75 | +0.13% | $0.15 |
How October usually goes for silver
In the 20 years from 2006 to 2025, silver rose in October 14 times out of 20, with an average move of +1.5% and a median of +1.8%.
Silver in October 2000: FAQ
What was the price of silver in October 2000?
Silver traded between $4.73 and $4.92 per troy ounce (daily closes) in October 2000, averaging $4.84. It closed the month at $4.75.
How much did silver go down in October 2000?
Silver fell 3.0%, from $4.90 to $4.75. The biggest daily rise was +1.1% on October 12, 2000 and the biggest fall −1.0% on October 11, 2000.
What was the silver price on October 2, 2000?
Silver closed at $4.91 per troy ounce on October 2, 2000, the first trading day of the month.
Is October usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in October 14 times out of 20, with an average move of +1.5% and a median of +1.8%. Past seasonal patterns are not a reliable guide to any single year.
Did silver beat stocks in October 2000?
No. Silver was −3.0% for the month, against −0.4% for the S&P 500 with dividends.
Did silver keep up with inflation in October 2000?
US consumer prices (CPI) changed +0.17% in October, so silver's real (inflation-adjusted) change was about −3.1%.