Silver Price in April 2009
In April 2009, silver fell 5.2%, from $12.98 at the end of March to $12.31 per troy ounce on April 30, 2009. The highest close was $13.02 on April 2, 2009, the lowest $11.79 on April 17, 2009, and the average over 21 trading days was $12.50. Today's price is 339.4% higher than the April 2009 close.
- Silver fell 5.2% in US dollars in April 2009, leaving it up 9.2% for the year to date.
- Measured in other currencies, the change ranged from −15.9% in ZAR to −5.1% in EUR, because exchange rates moved too.
- It did worse than gold (−3.5%) and US stocks (+9.6%).
- It closed higher on 11 trading days and lower on 10, with an average daily move of 2.02%.
- At the end of the month it was 40.5% below its highest close since 2000.
- Gold/silver ratio: 71.1 → 72.4.
Silver price chart, April 2009
US dollars per troy ounce · daily closeSilver in other currencies, April 2009
| Currency | Change in the month |
|---|---|
| EUR | −5.1% |
| CNY | −5.4% |
| JPY | −5.4% |
| PKR | −5.6% |
| MXN | −7.5% |
| GBP | −8.0% |
| INR | −8.1% |
| TRY | −9.2% |
| AUD | −9.7% |
| CAD | −10.3% |
| ZAR | −15.9% |
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, April 2009
| Asset | Change (USD) |
|---|---|
| Silver | −5.2% |
| Gold | −3.5% |
| S&P 500 (with dividends) | +9.6% |
| US inflation (CPI, month) | +0.25% |
| Silver, year to date (end of April) | +9.2% |
| Gold/silver ratio | 71.1 → 72.4 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, April 2009
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 |
|---|---|---|---|---|---|
| Apr 1Wed | $12.97 | −0.08% | $0.42 | ₹21,068 | AED 1,530.20 |
| Apr 2Thu | $13.02 | +0.39% | $0.42 | ₹21,023 | AED 1,536.10 |
| Apr 3Fri | $12.73 | −2.23% | $0.41 | ₹20,394 | AED 1,502.36 |
| Apr 6Mon | $12.11 | −4.87% | $0.39 | ₹19,425 | AED 1,428.70 |
| Apr 7Tue | $12.21 | +0.83% | $0.39 | ₹19,560 | AED 1,440.50 |
| Apr 8Wed | $12.34 | +1.07% | $0.40 | ₹19,865 | AED 1,456.24 |
| Apr 9Thu | $12.33 | −0.08% | $0.40 | ₹19,746 | AED 1,455.14 |
| Apr 13Mon | $12.76 | +3.55% | $0.41 | ₹20,410 | AED 1,506.36 |
| Apr 14Tue | $12.76 | −0.02% | $0.41 | ₹20,403 | AED 1,506.74 |
| Apr 15Wed | $12.80 | +0.27% | $0.41 | ₹20,403 | AED 1,510.13 |
| Apr 16Thu | $12.25 | −4.26% | $0.39 | ₹19,596 | AED 1,445.81 |
| Apr 17Fri | $11.79 | −3.80% | $0.38 | ₹18,805 | AED 1,391.38 |
| Apr 20Mon | $12.10 | +2.67% | $0.39 | ₹19,472 | AED 1,428.11 |
| Apr 21Tue | $12.06 | −0.37% | $0.39 | ₹19,482 | AED 1,423.18 |
| Apr 22Wed | $12.30 | +2.03% | $0.40 | ₹19,887 | AED 1,451.71 |
| Apr 23Thu | $12.75 | +3.66% | $0.41 | ₹20,435 | AED 1,504.82 |
| Apr 24Fri | $12.92 | +1.29% | $0.42 | ₹20,599 | AED 1,524.75 |
| Apr 27Mon | $12.95 | +0.27% | $0.42 | ₹20,853 | AED 1,528.43 |
| Apr 28Tue | $12.40 | −4.29% | $0.40 | ₹20,099 | AED 1,462.92 |
| Apr 29Wed | $12.75 | +2.90% | $0.41 | ₹20,450 | AED 1,505.30 |
| Apr 30Thu | $12.31 | −3.52% | $0.40 | ₹19,460 | AED 1,452.30 |
How April usually goes for silver
In the 20 years from 2006 to 2025, silver rose in April 10 times out of 20, with an average move of +1.7% and a median of −0.3%.
Silver in April 2009: FAQ
What was the price of silver in April 2009?
Silver traded between $11.79 and $13.02 per troy ounce (daily closes) in April 2009, averaging $12.50. It closed the month at $12.31.
How much did silver go down in April 2009?
Silver fell 5.2%, from $12.98 to $12.31. The biggest daily rise was +3.7% on April 23, 2009 and the biggest fall −4.9% on April 6, 2009.
What was the silver price on April 1, 2009?
Silver closed at $12.97 per troy ounce on April 1, 2009, the first trading day of the month. 999 India, ₹ per kg: ₹21,068.
Is April usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in April 10 times out of 20, with an average move of +1.7% and a median of −0.3%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in April 2009?
Silver fell 8.1% in Indian rupee terms in April 2009, compared with −5.2% in US dollars.
Did silver beat stocks in April 2009?
No. Silver was −5.2% for the month, against +9.6% for the S&P 500 with dividends.
Did silver keep up with inflation in April 2009?
US consumer prices (CPI) changed +0.25% in April, so silver's real (inflation-adjusted) change was about −5.4%.