Silver Price in 2006
In 2006, silver rose 45.3%, closing the year at $12.82 per troy ounce, compared with $8.82 at the end of 2005. The highest close was $14.85 on May 11, 2006 and the lowest $8.81 on January 5, 2006; the average for the year was $11.55. Today's price is 348.8% above the 2006 close.
Silver price chart, 2006
USD per troy ounce · daily closeMonthly Silver Prices in 2006
Month-end close and range, US dollars per troy ounce. Choose a month for every day's price.
| Month | Close | High | Low | Change |
|---|---|---|---|---|
| January | $9.85 | $9.85 | $8.81 | +11.7% |
| February | $9.72 | $9.84 | $9.10 | −1.3% |
| March | $11.48 | $11.62 | $9.71 | +18.1% |
| April | $13.51 | $14.50 | $11.67 | +17.7% |
| May | $12.40 | $14.85 | $12.28 | −8.2% |
| June | $10.91 | $12.25 | $9.60 | −12.0% |
| July | $11.33 | $11.51 | $10.46 | +3.8% |
| August | $12.90 | $12.90 | $11.70 | +13.9% |
| September | $11.45 | $13.07 | $10.76 | −11.2% |
| October | $12.21 | $12.21 | $10.71 | +6.7% |
| November | $13.93 | $13.93 | $12.42 | +14.0% |
| December | $12.82 | $14.06 | $12.36 | −7.9% |
Silver in 2006 at a Glance
- Silver rose 45.3% in US dollars. In ZAR terms it rose 60.9%, and in GBP terms it rose 27.6% — the difference comes from currency moves.
- It did better than Gold (+22.8%) and S&P 500 (with dividends) (+15.8%).
- After US inflation of 2.5%, the real change was +41.7%.
Key Events in 2006
What happened, and how silver moved that day (or the next trading day) and about a month later.
- Friday, April 28iShares Silver Trust (SLV) begins trading. SourceSilver: +8.3% that day · +1.6% a month later
Silver in 2006: records, milestones and the London price chart →
Silver in other currencies, 2006
| Currency | Change |
|---|---|
| ZAR | +60.9% |
| TRY | +51.8% |
| PKR | +47.8% |
| MXN | +47.0% |
| JPY | +46.6% |
| CAD | +45.7% |
| INR | +42.3% |
| CNY | +40.5% |
| EUR | +30.4% |
| GBP | +27.6% |
Price in each currency at the year-end exchange rate, year-end to year-end. A falling currency makes silver rise more in local terms.
Silver vs other assets, 2006
| Asset | Change (USD) |
|---|---|
| Gold | +22.8% |
| S&P 500 (with dividends) | +15.8% |
| US inflation (CPI) | +2.5% |
Silver Price on Festivals in 2006
| Festival | Date | Price |
|---|---|---|
| Gudi Padwa | Thu 30 Mar | ₹16,607 ₹/kg |
| Akshaya Tritiya | Sun 30 Apr | ₹19,503 ₹/kg |
| Navratri | Sat 23 Sep | ₹16,503 ₹/kg |
| Dussehra | Mon 2 Oct | ₹16,975 ₹/kg |
| Dhanteras | Thu 19 Oct | ₹17,564 ₹/kg |
| Diwali | Sat 21 Oct | ₹17,292 ₹/kg |
International price converted at that day's rate, before local taxes and making charges.
Silver in 2006: FAQ
What was the price of silver in 2006?
Silver traded between $8.81 and $14.85 per troy ounce in 2006 (daily closes), averaging $11.55. It closed the year at $12.82.
How much did silver go up in 2006?
Silver rose 45.3% in 2006, from $8.82 to $12.82 per ounce.
What was the highest silver price in 2006?
The highest daily close in 2006 was $14.85 per troy ounce on May 11, 2006.
What was the best month for silver in 2006?
March (+18.1%). The weakest was June (−12.0%).
How much did silver rise in rupees in 2006?
Silver rose 42.3% in Indian rupee terms in 2006, compared with +45.3% in US dollars.
Did silver beat the stock market in 2006?
Yes. Silver was +45.3% for the year, against +15.8% for the S&P 500 with dividends reinvested.
What was the biggest event for silver in 2006?
Of the key events listed on this page, the biggest one-day reaction was on 28 April: iShares Silver Trust (SLV) begins trading. Silver moved +8.3% that day.
Daily closing prices of COMEX front-month silver futures (US dollars per troy ounce), which track the spot price closely. Download the full daily series as CSV (free to use with a link to this site).