Silver Price in December 2006
In December 2006, silver fell 7.9%, from $13.93 at the end of November to $12.82 per troy ounce on December 29, 2006. The highest close was $14.06 on December 4, 2006, the lowest $12.36 on December 21, 2006, and the average over 20 trading days was $13.23. Today's price is 318.8% higher than the December 2006 close.
- Silver fell 7.9% in US dollars in December 2006, leaving it up 45.3% for the year to date.
- Measured in other currencies, the change ranged from −10.3% in TRY to −5.3% in JPY, because exchange rates moved too.
- It did worse than gold (−1.8%) and US stocks (+1.4%).
- It closed higher on 10 trading days and lower on 10, with an average daily move of 1.32%.
- At the end of the month it was 13.7% below its highest close since 2000.
- Gold/silver ratio: 46.5 → 49.6.
Silver price chart, December 2006
US dollars per troy ounce · daily closeSilver in other currencies, December 2006
| Currency | Change in the month |
|---|---|
| JPY | −5.3% |
| CAD | −6.1% |
| EUR | −7.6% |
| GBP | −7.6% |
| AUD | −8.0% |
| PKR | −8.1% |
| CNY | −8.3% |
| INR | −9.0% |
| ZAR | −9.5% |
| MXN | −9.7% |
| TRY | −10.3% |
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, December 2006
| Asset | Change (USD) |
|---|---|
| Silver | −7.9% |
| Gold | −1.8% |
| S&P 500 (with dividends) | +1.4% |
| US inflation (CPI, month) | +0.15% |
| Silver, year to date (end of December) | +45.3% |
| Gold/silver ratio | 46.5 → 49.6 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, December 2006
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 999 India, ₹ per kg | UAE, AED per kg |
|---|---|---|---|---|---|
| Dec 1Fri | $14.01 | +0.58% | $0.45 | ₹20,009 | AED 1,653.38 |
| Dec 4Mon | $14.06 | +0.39% | $0.45 | ₹20,134 | AED 1,659.96 |
| Dec 5Tue | $13.85 | −1.54% | $0.45 | ₹19,805 | AED 1,634.37 |
| Dec 6Wed | $13.62 | −1.66% | $0.44 | ₹19,529 | AED 1,607.27 |
| Dec 7Thu | $13.86 | +1.81% | $0.45 | ₹19,864 | AED 1,636.08 |
| Dec 8Fri | $13.72 | −1.02% | $0.44 | ₹19,612 | AED 1,618.79 |
| Dec 11Mon | $13.85 | +0.95% | $0.45 | ₹19,901 | AED 1,634.56 |
| Dec 12Tue | $13.81 | −0.27% | $0.44 | ₹19,884 | AED 1,630.02 |
| Dec 13Wed | $13.75 | −0.48% | $0.44 | ₹19,771 | AED 1,622.85 |
| Dec 14Thu | $13.79 | +0.28% | $0.44 | ₹19,799 | AED 1,627.33 |
| Dec 15Fri | $12.82 | −6.98% | $0.41 | ₹18,336 | AED 1,513.77 |
| Dec 18Mon | $12.38 | −3.44% | $0.40 | ₹17,801 | AED 1,461.71 |
| Dec 19Tue | $12.57 | +1.52% | $0.40 | ₹18,061 | AED 1,483.90 |
| Dec 20Wed | $12.51 | −0.48% | $0.40 | ₹17,968 | AED 1,476.82 |
| Dec 21Thu | $12.36 | −1.22% | $0.40 | ₹17,693 | AED 1,458.88 |
| Dec 22Fri | $12.51 | +1.21% | $0.40 | ₹17,817 | AED 1,476.58 |
| Dec 26Tue | $12.60 | +0.76% | $0.41 | ₹17,952 | AED 1,488.20 |
| Dec 27Wed | $12.80 | +1.59% | $0.41 | ₹18,219 | AED 1,511.41 |
| Dec 28Thu | $12.82 | +0.16% | $0.41 | ₹18,254 | AED 1,513.77 |
| Dec 29Fri | $12.82 | −0.04% | $0.41 | ₹18,149 | AED 1,513.22 |
How December usually goes for silver
In the 20 years from 2006 to 2025, silver rose in December 11 times out of 20, with an average move of +2.0% and a median of +1.5%.
Silver in December 2006: FAQ
What was the price of silver in December 2006?
Silver traded between $12.36 and $14.06 per troy ounce (daily closes) in December 2006, averaging $13.23. It closed the month at $12.82.
How much did silver go down in December 2006?
Silver fell 7.9%, from $13.93 to $12.82. The biggest daily rise was +1.8% on December 7, 2006 and the biggest fall −7.0% on December 15, 2006.
What was the silver price on December 1, 2006?
Silver closed at $14.01 per troy ounce on December 1, 2006, the first trading day of the month. 999 India, ₹ per kg: ₹20,009.
Is December usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in December 11 times out of 20, with an average move of +2.0% and a median of +1.5%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in December 2006?
Silver fell 9.0% in Indian rupee terms in December 2006, compared with −7.9% in US dollars.
Did silver beat stocks in December 2006?
No. Silver was −7.9% for the month, against +1.4% for the S&P 500 with dividends.
Did silver keep up with inflation in December 2006?
US consumer prices (CPI) changed +0.15% in December, so silver's real (inflation-adjusted) change was about −8.1%.