Silver Price in July 2001
In July 2001, silver fell 1.9%, from $4.29 at the end of June to $4.21 per troy ounce on July 31, 2001. The highest close was $4.28 on July 13, 2001, the lowest $4.19 on July 16, 2001, and the average over 21 trading days was $4.23. Today's price is 1,185.3% higher than the July 2001 close.
- Silver fell 1.9% in US dollars in July 2001, leaving it down 8.2% for the year to date.
- Measured in other currencies, the change ranged from −1.9% in CNY to −1.5% in JPY, because exchange rates moved too.
- It did worse than gold (−1.6%) and US stocks (−1.0%).
- It closed higher on 11 trading days and lower on 10, with an average daily move of 0.60%.
- At the end of the month it was 15.9% below its highest close since 2000.
- Gold/silver ratio: 63.0 → 63.2.
Silver price chart, July 2001
US dollars per troy ounce · daily closeSilver in other currencies, July 2001
| Currency | Change in the month |
|---|---|
| JPY | −1.5% |
| CNY | −1.9% |
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, July 2001
| Asset | Change (USD) |
|---|---|
| Silver | −1.9% |
| Gold | −1.6% |
| S&P 500 (with dividends) | −1.0% |
| US inflation (CPI, month) | −0.28% |
| Silver, year to date (end of July) | −8.2% |
| Gold/silver ratio | 63.0 → 63.2 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, July 2001
Closing price for every trading day.
| Date | Close (USD per oz) | Change | USD per gram |
|---|---|---|---|
| Jul 2Mon | $4.28 | −0.35% | $0.14 |
| Jul 3Tue | $4.24 | −0.79% | $0.14 |
| Jul 5Thu | $4.21 | −0.82% | $0.14 |
| Jul 6Fri | $4.24 | +0.64% | $0.14 |
| Jul 9Mon | $4.21 | −0.52% | $0.14 |
| Jul 10Tue | $4.24 | +0.52% | $0.14 |
| Jul 11Wed | $4.23 | −0.07% | $0.14 |
| Jul 12Thu | $4.24 | +0.21% | $0.14 |
| Jul 13Fri | $4.28 | +0.97% | $0.14 |
| Jul 16Mon | $4.19 | −2.22% | $0.13 |
| Jul 17Tue | $4.23 | +0.91% | $0.14 |
| Jul 18Wed | $4.27 | +0.95% | $0.14 |
| Jul 19Thu | $4.22 | −1.10% | $0.14 |
| Jul 20Fri | $4.22 | +0.02% | $0.14 |
| Jul 23Mon | $4.24 | +0.47% | $0.14 |
| Jul 24Tue | $4.24 | +0.02% | $0.14 |
| Jul 25Wed | $4.21 | −0.64% | $0.14 |
| Jul 26Thu | $4.22 | +0.21% | $0.14 |
| Jul 27Fri | $4.20 | −0.47% | $0.14 |
| Jul 30Mon | $4.19 | −0.29% | $0.13 |
| Jul 31Tue | $4.21 | +0.48% | $0.14 |
How July usually goes for silver
In the 20 years from 2006 to 2025, silver rose in July 13 times out of 20, with an average move of +3.5% and a median of +1.5%.
Silver in July 2001: FAQ
What was the price of silver in July 2001?
Silver traded between $4.19 and $4.28 per troy ounce (daily closes) in July 2001, averaging $4.23. It closed the month at $4.21.
How much did silver go down in July 2001?
Silver fell 1.9%, from $4.29 to $4.21. The biggest daily rise was +1.0% on July 13, 2001 and the biggest fall −2.2% on July 16, 2001.
What was the silver price on July 2, 2001?
Silver closed at $4.28 per troy ounce on July 2, 2001, the first trading day of the month.
Is July usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in July 13 times out of 20, with an average move of +3.5% and a median of +1.5%. Past seasonal patterns are not a reliable guide to any single year.
Did silver beat stocks in July 2001?
No. Silver was −1.9% for the month, against −1.0% for the S&P 500 with dividends.
Did silver keep up with inflation in July 2001?
US consumer prices (CPI) changed −0.28% in July, so silver's real (inflation-adjusted) change was about −1.6%.