Silver Price in July 2007
In July 2007, silver rose 4.8%, from $12.35 at the end of June to $12.95 per troy ounce on July 31, 2007. The highest close was $13.36 on July 24, 2007, the lowest $12.47 on July 5, 2007, and the average over 21 trading days was $12.93. Today's price is 316.8% higher than the July 2007 close.
- Silver rose 4.8% in US dollars in July 2007, leaving it up 1.0% for the year to date.
- Measured in other currencies, the change ranged from +0.8% in JPY to +6.8% in MXN, because exchange rates moved too.
- It did better than gold (+2.9%) and US stocks (−3.1%).
- It closed higher on 12 trading days and lower on 9, with an average daily move of 1.03%.
- At the end of the month it was 12.8% below its highest close since 2000.
- Gold/silver ratio: 52.5 → 51.5.
Silver price chart, July 2007
US dollars per troy ounce · daily closeSilver in other currencies, July 2007
| Currency | Change in the month |
|---|---|
| MXN | +6.8% |
| ZAR | +6.3% |
| CAD | +5.1% |
| INR | +4.5% |
| AUD | +4.4% |
| CNY | +4.3% |
| PKR | +3.8% |
| EUR | +3.8% |
| GBP | +3.8% |
| TRY | +3.3% |
| JPY | +0.8% |
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 2007
| Asset | Change (USD) |
|---|---|
| Silver | +4.8% |
| Gold | +2.9% |
| S&P 500 (with dividends) | −3.1% |
| US inflation (CPI, month) | −0.03% |
| Silver, year to date (end of July) | +1.0% |
| Gold/silver ratio | 52.5 → 51.5 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, July 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 |
|---|---|---|---|---|---|
| Jul 2Mon | $12.62 | +2.18% | $0.41 | ₹16,448 | AED 1,490.08 |
| Jul 3Tue | $12.57 | −0.42% | $0.40 | ₹16,308 | AED 1,483.91 |
| Jul 5Thu | $12.47 | −0.80% | $0.40 | ₹16,194 | AED 1,472.06 |
| Jul 6Fri | $12.65 | +1.44% | $0.41 | ₹16,392 | AED 1,493.23 |
| Jul 9Mon | $12.71 | +0.52% | $0.41 | ₹16,444 | AED 1,500.98 |
| Jul 10Tue | $12.87 | +1.20% | $0.41 | ₹16,620 | AED 1,519.05 |
| Jul 11Wed | $12.87 | +0.02% | $0.41 | ₹16,678 | AED 1,519.28 |
| Jul 12Thu | $13.08 | +1.62% | $0.42 | ₹17,010 | AED 1,543.91 |
| Jul 13Fri | $13.01 | −0.51% | $0.42 | ₹16,816 | AED 1,536.00 |
| Jul 16Mon | $12.97 | −0.33% | $0.42 | ₹16,750 | AED 1,530.89 |
| Jul 17Tue | $12.92 | −0.35% | $0.42 | ₹16,741 | AED 1,525.62 |
| Jul 18Wed | $13.20 | +2.13% | $0.42 | ₹17,114 | AED 1,557.91 |
| Jul 19Thu | $13.29 | +0.66% | $0.43 | ₹17,168 | AED 1,568.18 |
| Jul 20Fri | $13.32 | +0.23% | $0.43 | ₹17,177 | AED 1,571.68 |
| Jul 23Mon | $13.24 | −0.53% | $0.43 | ₹17,054 | AED 1,563.47 |
| Jul 24Tue | $13.36 | +0.87% | $0.43 | ₹17,273 | AED 1,576.87 |
| Jul 25Wed | $13.07 | −2.18% | $0.42 | ₹16,903 | AED 1,542.36 |
| Jul 26Thu | $12.88 | −1.45% | $0.41 | ₹16,634 | AED 1,519.97 |
| Jul 27Fri | $12.64 | −1.82% | $0.41 | ₹16,389 | AED 1,492.44 |
| Jul 30Mon | $12.83 | +1.51% | $0.41 | ₹16,692 | AED 1,515.07 |
| Jul 31Tue | $12.95 | +0.90% | $0.42 | ₹16,820 | AED 1,528.85 |
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 2007: FAQ
What was the price of silver in July 2007?
Silver traded between $12.47 and $13.36 per troy ounce (daily closes) in July 2007, averaging $12.93. It closed the month at $12.95.
How much did silver go up in July 2007?
Silver rose 4.8%, from $12.35 to $12.95. The biggest daily rise was +2.2% on July 2, 2007 and the biggest fall −2.2% on July 25, 2007.
What was the silver price on July 2, 2007?
Silver closed at $12.62 per troy ounce on July 2, 2007, the first trading day of the month. 999 India, ₹ per kg: ₹16,448.
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.
How much did silver change in rupees in July 2007?
Silver rose 4.5% in Indian rupee terms in July 2007, compared with +4.8% in US dollars.
Did silver beat stocks in July 2007?
Yes. Silver was +4.8% for the month, against −3.1% for the S&P 500 with dividends.
Did silver keep up with inflation in July 2007?
US consumer prices (CPI) changed −0.03% in July, so silver's real (inflation-adjusted) change was about +4.9%.