Silver Price in June 2007
In June 2007, silver fell 7.9%, from $13.41 at the end of May to $12.35 per troy ounce on June 29, 2007. The highest close was $13.76 on June 5, 2007, the lowest $12.21 on June 27, 2007, and the average over 21 trading days was $13.09. Today's price is 337.1% higher than the June 2007 close.
- Silver fell 7.9% in US dollars in June 2007, leaving it down 3.6% for the year to date.
- Measured in other currencies, the change ranged from −10.0% in AUD to −6.8% in JPY, because exchange rates moved too.
- It did worse than gold (−2.0%) and US stocks (−1.7%).
- It closed higher on 8 trading days and lower on 13, with an average daily move of 1.15%.
- At the end of the month it was 16.8% below its highest close since 2000.
- Gold/silver ratio: 49.3 → 52.5.
Silver price chart, June 2007
US dollars per troy ounce · daily closeSilver in other currencies, June 2007
| Currency | Change in the month |
|---|---|
| JPY | −6.8% |
| MXN | −7.5% |
| INR | −7.9% |
| PKR | −8.2% |
| CNY | −8.3% |
| CAD | −8.4% |
| EUR | −8.4% |
| TRY | −8.6% |
| ZAR | −8.7% |
| GBP | −9.2% |
| AUD | −10.0% |
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 2007
| Asset | Change (USD) |
|---|---|
| Silver | −7.9% |
| Gold | −2.0% |
| S&P 500 (with dividends) | −1.7% |
| US inflation (CPI, month) | +0.19% |
| Silver, year to date (end of June) | −3.6% |
| Gold/silver ratio | 49.3 → 52.5 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, June 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 |
|---|---|---|---|---|---|
| Jun 1Fri | $13.68 | +2.03% | $0.44 | ₹17,689 | AED 1,614.66 |
| Jun 4Mon | $13.69 | +0.04% | $0.44 | ₹17,660 | AED 1,615.60 |
| Jun 5Tue | $13.76 | +0.52% | $0.44 | ₹17,763 | AED 1,624.03 |
| Jun 6Wed | $13.66 | −0.68% | $0.44 | ₹17,789 | AED 1,613.01 |
| Jun 7Thu | $13.44 | −1.68% | $0.43 | ₹17,473 | AED 1,585.97 |
| Jun 8Fri | $13.00 | −3.25% | $0.42 | ₹17,035 | AED 1,534.50 |
| Jun 11Mon | $13.24 | +1.83% | $0.43 | ₹17,240 | AED 1,562.69 |
| Jun 12Tue | $13.06 | −1.37% | $0.42 | ₹17,028 | AED 1,541.16 |
| Jun 13Wed | $13.03 | −0.21% | $0.42 | ₹16,984 | AED 1,537.85 |
| Jun 14Thu | $13.14 | +0.83% | $0.42 | ₹17,127 | AED 1,550.64 |
| Jun 15Fri | $13.23 | +0.75% | $0.43 | ₹17,215 | AED 1,562.33 |
| Jun 18Mon | $13.21 | −0.17% | $0.42 | ₹17,175 | AED 1,559.57 |
| Jun 19Tue | $13.30 | +0.70% | $0.43 | ₹17,388 | AED 1,570.43 |
| Jun 20Wed | $13.23 | −0.56% | $0.43 | ₹17,216 | AED 1,561.62 |
| Jun 21Thu | $13.08 | −1.16% | $0.42 | ₹17,039 | AED 1,543.56 |
| Jun 22Fri | $13.01 | −0.51% | $0.42 | ₹16,936 | AED 1,535.57 |
| Jun 25Mon | $12.87 | −1.09% | $0.41 | ₹16,816 | AED 1,518.89 |
| Jun 26Tue | $12.27 | −4.63% | $0.39 | ₹16,077 | AED 1,448.57 |
| Jun 27Wed | $12.21 | −0.49% | $0.39 | ₹16,024 | AED 1,441.44 |
| Jun 28Thu | $12.38 | +1.38% | $0.40 | ₹16,204 | AED 1,461.43 |
| Jun 29Fri | $12.35 | −0.21% | $0.40 | ₹16,097 | AED 1,458.36 |
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 2007: FAQ
What was the price of silver in June 2007?
Silver traded between $12.21 and $13.76 per troy ounce (daily closes) in June 2007, averaging $13.09. It closed the month at $12.35.
How much did silver go down in June 2007?
Silver fell 7.9%, from $13.41 to $12.35. The biggest daily rise was +2.0% on June 1, 2007 and the biggest fall −4.6% on June 26, 2007.
What was the silver price on June 1, 2007?
Silver closed at $13.68 per troy ounce on June 1, 2007, the first trading day of the month. 999 India, ₹ per kg: ₹17,689.
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 2007?
Silver fell 7.9% in Indian rupee terms in June 2007, compared with −7.9% in US dollars.
Did silver beat stocks in June 2007?
No. Silver was −7.9% for the month, against −1.7% for the S&P 500 with dividends.
Did silver keep up with inflation in June 2007?
US consumer prices (CPI) changed +0.19% in June, so silver's real (inflation-adjusted) change was about −8.1%.