Silver Price in 2009
In 2009, silver rose 49.3%, closing the year at $16.82 per troy ounce, compared with $11.27 at the end of 2008. The highest close was $19.30 on December 2, 2009 and the lowest $10.42 on January 15, 2009; the average for the year was $14.70. Today's price is 242.0% above the 2009 close.
Silver price chart, 2009
USD per troy ounce · daily closeMonthly Silver Prices in 2009
Month-end close and range, US dollars per troy ounce. Choose a month for every day's price.
| Month | Close | High | Low | Change |
|---|---|---|---|---|
| January | $12.56 | $12.56 | $10.42 | +11.4% |
| February | $13.09 | $14.49 | $12.30 | +4.2% |
| March | $12.98 | $13.86 | $11.95 | −0.8% |
| April | $12.31 | $13.02 | $11.79 | −5.2% |
| May | $15.60 | $15.60 | $12.48 | +26.8% |
| June | $13.57 | $15.95 | $13.57 | −13.0% |
| July | $13.93 | $13.99 | $12.64 | +2.6% |
| August | $14.90 | $14.98 | $13.87 | +6.9% |
| September | $16.64 | $17.41 | $15.04 | +11.7% |
| October | $16.25 | $17.89 | $16.21 | −2.3% |
| November | $18.50 | $18.77 | $16.43 | +13.8% |
| December | $16.82 | $19.30 | $16.78 | −9.0% |
Silver in 2009 at a Glance
- Silver rose 49.3% in US dollars. In PKR terms it rose 59.8%, and in AUD terms it rose 17.2% — the difference comes from currency moves.
- It did better than Gold (+23.9%) and S&P 500 (with dividends) (+26.5%).
- After US inflation of 2.7%, the real change was +45.3%.
- In the futures market, managed money (speculators) went from net long 10,827 to net long 25,587 contracts.
Key Events in 2009
What happened, and how silver moved that day (or the next trading day) and about a month later.
- Tuesday, February 17President Obama signs the $787 billion American Recovery and Reinvestment Act. SourceSilver: +2.8% that day · −6.9% a month later
- Wednesday, March 18Fed expands asset purchases, adding $750 billion of agency MBS/debt and $300 billion of Treasuries. SourceSilver: −5.8% that day · −3.4% a month later
- Monday, November 2IMF announces the sale of 200 tonnes of gold to the Reserve Bank of India. SourceSilver: +1.1% that day · +18.1% a month later
Silver in 2009: records, milestones and the London price chart →
Silver in other currencies, 2009
| Currency | Change |
|---|---|
| PKR | +59.8% |
| JPY | +53.0% |
| TRY | +49.8% |
| CNY | +49.6% |
| EUR | +45.7% |
| INR | +44.1% |
| MXN | +42.0% |
| GBP | +35.2% |
| CAD | +29.2% |
| ZAR | +18.1% |
| AUD | +17.2% |
Price in each currency at the year-end exchange rate, year-end to year-end. A falling currency makes silver rise more in local terms.
Silver vs other assets, 2009
| Asset | Change (USD) |
|---|---|
| Gold | +23.9% |
| S&P 500 (with dividends) | +26.5% |
| US inflation (CPI) | +2.7% |
Silver Price on Festivals in 2009
| Festival | Date | Price |
|---|---|---|
| Gudi Padwa | Fri 27 Mar | ₹21,696 ₹/kg |
| Akshaya Tritiya | Mon 27 Apr | ₹20,853 ₹/kg |
| Navratri | Sat 19 Sep | ₹26,322 ₹/kg |
| Dussehra | Mon 28 Sep | ₹24,827 ₹/kg |
| Dhanteras | Thu 15 Oct | ₹25,705 ₹/kg |
| Diwali | Sat 17 Oct | ₹25,853 ₹/kg |
International price converted at that day's rate, before local taxes and making charges.
Futures positioning: managed money (speculators) held a net long position of 25,587 contracts on 29 Dec 2009, against net long 10,827 a year earlier. COT report →
Silver in 2009: FAQ
What was the price of silver in 2009?
Silver traded between $10.42 and $19.30 per troy ounce in 2009 (daily closes), averaging $14.70. It closed the year at $16.82.
How much did silver go up in 2009?
Silver rose 49.3% in 2009, from $11.27 to $16.82 per ounce.
What was the highest silver price in 2009?
The highest daily close in 2009 was $19.30 per troy ounce on December 2, 2009.
What was the best month for silver in 2009?
May (+26.8%). The weakest was June (−13.0%).
How much did silver rise in rupees in 2009?
Silver rose 44.1% in Indian rupee terms in 2009, compared with +49.3% in US dollars.
Did silver beat the stock market in 2009?
Yes. Silver was +49.3% for the year, against +26.5% for the S&P 500 with dividends reinvested.
What was the biggest event for silver in 2009?
Of the key events listed on this page, the biggest one-day reaction was on 18 March: Fed expands asset purchases, adding $750 billion of agency MBS/debt and $300 billion of Treasuries. Silver moved −5.8% that day.
Daily closing prices of COMEX front-month silver futures (US dollars per troy ounce), which track the spot price closely. Download the full daily series as CSV (free to use with a link to this site).