Silver Price in December 2007
In December 2007, silver rose 6.0%, from $13.96 at the end of November to $14.80 per troy ounce on December 31, 2007. The highest close was $14.80 on December 31, 2007, the lowest $13.83 on December 14, 2007, and the average over 20 trading days was $14.36. Today's price is 266.2% higher than the December 2007 close.
- Silver rose 6.0% in US dollars in December 2007, leaving it up 15.4% for the year to date.
- Measured in other currencies, the change ranged from +4.6% in CNY to +9.7% in GBP, because exchange rates moved too.
- It did better than US stocks (−0.7%), and worse than gold (+6.7%).
- It closed higher on 13 trading days and lower on 6, with an average daily move of 0.99%.
- At the end of the month it was 4.5% below its highest close since 2000.
- Gold/silver ratio: 56.0 → 56.4.
Silver price chart, December 2007
US dollars per troy ounce · daily closeSilver in other currencies, December 2007
| Currency | Change in the month |
|---|---|
| GBP | +9.7% |
| AUD | +7.3% |
| PKR | +7.1% |
| EUR | +6.7% |
| ZAR | +6.1% |
| MXN | +5.9% |
| JPY | +5.9% |
| CAD | +5.7% |
| INR | +5.4% |
| TRY | +5.1% |
| CNY | +4.6% |
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 2007
| Asset | Change (USD) |
|---|---|
| Silver | +6.0% |
| Gold | +6.7% |
| S&P 500 (with dividends) | −0.7% |
| US inflation (CPI, month) | −0.07% |
| Silver, year to date (end of December) | +15.4% |
| Gold/silver ratio | 56.0 → 56.4 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, December 2007
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 3Mon | $14.01 | +0.34% | $0.45 | ₹17,791 | AED 1,653.43 |
| Dec 4Tue | $14.27 | +1.86% | $0.46 | ₹18,056 | AED 1,684.11 |
| Dec 5Wed | $14.27 | −0.01% | $0.46 | ₹18,075 | AED 1,683.99 |
| Dec 6Thu | $14.44 | +1.19% | $0.46 | ₹18,288 | AED 1,704.80 |
| Dec 7Fri | $14.33 | −0.80% | $0.46 | ₹18,128 | AED 1,690.71 |
| Dec 10Mon | $14.67 | +2.44% | $0.47 | ₹18,562 | AED 1,732.28 |
| Dec 11Tue | $14.70 | +0.14% | $0.47 | ₹18,564 | AED 1,734.76 |
| Dec 12Wed | $14.66 | −0.27% | $0.47 | ₹18,514 | AED 1,729.47 |
| Dec 13Thu | $14.07 | −3.98% | $0.45 | ₹17,784 | AED 1,661.12 |
| Dec 14Fri | $13.83 | −1.75% | $0.44 | ₹17,443 | AED 1,632.09 |
| Dec 17Mon | $13.83 | 0.00% | $0.44 | ₹17,502 | AED 1,632.09 |
| Dec 18Tue | $14.01 | +1.36% | $0.45 | ₹17,740 | AED 1,654.55 |
| Dec 19Wed | $14.07 | +0.42% | $0.45 | ₹17,868 | AED 1,662.10 |
| Dec 20Thu | $14.20 | +0.87% | $0.46 | ₹18,023 | AED 1,676.45 |
| Dec 21Fri | $14.35 | +1.06% | $0.46 | ₹18,097 | AED 1,694.16 |
| Dec 24Mon | $14.52 | +1.21% | $0.47 | ₹18,324 | AED 1,714.71 |
| Dec 26Wed | $14.70 | +1.21% | $0.47 | ₹18,610 | AED 1,735.38 |
| Dec 27Thu | $14.68 | −0.12% | $0.47 | ₹18,497 | AED 1,733.32 |
| Dec 28Fri | $14.77 | +0.63% | $0.47 | ₹18,636 | AED 1,743.80 |
| Dec 31Mon | $14.80 | +0.18% | $0.48 | ₹18,670 | AED 1,746.99 |
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 2007: FAQ
What was the price of silver in December 2007?
Silver traded between $13.83 and $14.80 per troy ounce (daily closes) in December 2007, averaging $14.36. It closed the month at $14.80.
How much did silver go up in December 2007?
Silver rose 6.0%, from $13.96 to $14.80. The biggest daily rise was +2.4% on December 10, 2007 and the biggest fall −4.0% on December 13, 2007.
What was the silver price on December 3, 2007?
Silver closed at $14.01 per troy ounce on December 3, 2007, the first trading day of the month. 999 India, ₹ per kg: ₹17,791.
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 2007?
Silver rose 5.4% in Indian rupee terms in December 2007, compared with +6.0% in US dollars.
Did silver beat stocks in December 2007?
Yes. Silver was +6.0% for the month, against −0.7% for the S&P 500 with dividends.
Did silver keep up with inflation in December 2007?
US consumer prices (CPI) changed −0.07% in December, so silver's real (inflation-adjusted) change was about +6.0%.