Silver Price in June 2006
In June 2006, silver fell 12.0%, from $12.40 at the end of May to $10.91 per troy ounce on June 30, 2006. The highest close was $12.25 on June 5, 2006, the lowest $9.60 on June 13, 2006, and the average over 22 trading days was $10.69. Today's price is 392.0% higher than the June 2006 close.
- Silver fell 12.0% in US dollars in June 2006, leaving it up 23.7% for the year to date.
- Measured in other currencies, the change ranged from −12.7% in INR to −6.9% in ZAR, because exchange rates moved too.
- It did worse than gold (−4.5%) and US stocks (+0.1%).
- It closed higher on 12 trading days and lower on 10, with an average daily move of 2.58%.
- At the end of the month it was 26.5% below its highest close since 2000.
- Gold/silver ratio: 51.8 → 56.2.
Silver price chart, June 2006
US dollars per troy ounce · daily closeSilver in other currencies, June 2006
| Currency | Change in the month |
|---|---|
| ZAR | −6.9% |
| JPY | −10.5% |
| AUD | −10.8% |
| CAD | −10.9% |
| GBP | −10.9% |
| TRY | −11.2% |
| PKR | −11.4% |
| EUR | −11.8% |
| MXN | −12.3% |
| CNY | −12.3% |
| INR | −12.7% |
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, June 2006
| Asset | Change (USD) |
|---|---|
| Silver | −12.0% |
| Gold | −4.5% |
| S&P 500 (with dividends) | +0.1% |
| US inflation (CPI, month) | +0.20% |
| Silver, year to date (end of June) | +23.7% |
| Gold/silver ratio | 51.8 → 56.2 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, June 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 |
|---|---|---|---|---|---|
| Jun 1Thu | $11.85 | −4.42% | $0.38 | ₹17,571 | AED 1,398.75 |
| Jun 2Fri | $12.04 | +1.56% | $0.39 | ₹17,642 | AED 1,420.82 |
| Jun 5Mon | $12.25 | +1.74% | $0.39 | ₹17,984 | AED 1,445.42 |
| Jun 6Tue | $11.81 | −3.59% | $0.38 | ₹17,402 | AED 1,393.71 |
| Jun 7Wed | $11.86 | +0.44% | $0.38 | ₹17,433 | AED 1,399.77 |
| Jun 8Thu | $11.04 | −6.87% | $0.36 | ₹16,245 | AED 1,303.24 |
| Jun 9Fri | $11.18 | +1.22% | $0.36 | ₹16,480 | AED 1,319.31 |
| Jun 12Mon | $11.04 | −1.27% | $0.35 | ₹16,256 | AED 1,302.69 |
| Jun 13Tue | $9.60 | −13.05% | $0.31 | ₹14,172 | AED 1,132.58 |
| Jun 14Wed | $9.71 | +1.17% | $0.31 | ₹14,300 | AED 1,145.86 |
| Jun 15Thu | $9.95 | +2.50% | $0.32 | ₹14,655 | AED 1,174.51 |
| Jun 16Fri | $10.11 | +1.61% | $0.33 | ₹14,903 | AED 1,193.43 |
| Jun 19Mon | $9.95 | −1.59% | $0.32 | ₹14,656 | AED 1,174.43 |
| Jun 20Tue | $10.25 | +3.03% | $0.33 | ₹15,113 | AED 1,209.27 |
| Jun 21Wed | $10.40 | +1.46% | $0.33 | ₹15,327 | AED 1,227.60 |
| Jun 22Thu | $10.20 | −1.97% | $0.33 | ₹15,052 | AED 1,203.40 |
| Jun 23Fri | $10.27 | +0.75% | $0.33 | ₹15,172 | AED 1,212.37 |
| Jun 26Mon | $10.23 | −0.41% | $0.33 | ₹15,212 | AED 1,207.45 |
| Jun 27Tue | $10.19 | −0.43% | $0.33 | ₹15,148 | AED 1,202.19 |
| Jun 28Wed | $10.15 | −0.36% | $0.33 | ₹15,106 | AED 1,197.85 |
| Jun 29Thu | $10.33 | +1.82% | $0.33 | ₹15,368 | AED 1,219.69 |
| Jun 30Fri | $10.91 | +5.58% | $0.35 | ₹16,067 | AED 1,287.80 |
How June usually goes for silver
In the 20 years from 2006 to 2025, silver rose in June 7 times out of 20, with an average move of −2.0% and a median of −3.2%.
Silver in June 2006: FAQ
What was the price of silver in June 2006?
Silver traded between $9.60 and $12.25 per troy ounce (daily closes) in June 2006, averaging $10.69. It closed the month at $10.91.
How much did silver go down in June 2006?
Silver fell 12.0%, from $12.40 to $10.91. The biggest daily rise was +5.6% on June 30, 2006 and the biggest fall −13.0% on June 13, 2006.
What was the silver price on June 1, 2006?
Silver closed at $11.85 per troy ounce on June 1, 2006, the first trading day of the month. 999 India, ₹ per kg: ₹17,571.
Is June usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in June 7 times out of 20, with an average move of −2.0% and a median of −3.2%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in June 2006?
Silver fell 12.7% in Indian rupee terms in June 2006, compared with −12.0% in US dollars.
Did silver beat stocks in June 2006?
No. Silver was −12.0% for the month, against +0.1% for the S&P 500 with dividends.
Did silver keep up with inflation in June 2006?
US consumer prices (CPI) changed +0.20% in June, so silver's real (inflation-adjusted) change was about −12.2%.