Silver Price in July 2009
In July 2009, silver rose 2.6%, from $13.57 at the end of June to $13.93 per troy ounce on July 31, 2009. The highest close was $13.99 on July 27, 2009, the lowest $12.64 on July 10, 2009, and the average over 22 trading days was $13.37. Today's price is 287.5% higher than the July 2009 close.
- Silver rose 2.6% in US dollars in July 2009, leaving it up 23.6% for the year to date.
- Measured in other currencies, the change ranged from −4.7% in CAD to +4.7% in PKR, because exchange rates moved too.
- It did worse than gold (+2.9%) and US stocks (+7.6%).
- It closed higher on 14 trading days and lower on 8, with an average daily move of 1.52%.
- At the end of the month it was 32.6% below its highest close since 2000.
- Gold/silver ratio: 68.3 → 68.4.
Silver price chart, July 2009
US dollars per troy ounce · daily closeSilver in other currencies, July 2009
| Currency | Change in the month |
|---|---|
| PKR | +4.7% |
| ZAR | +3.3% |
| CNY | +2.7% |
| MXN | +2.4% |
| INR | +2.3% |
| GBP | +1.2% |
| EUR | +1.1% |
| JPY | +0.8% |
| AUD | −1.0% |
| TRY | −2.0% |
| CAD | −4.7% |
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 2009
| Asset | Change (USD) |
|---|---|
| Silver | +2.6% |
| Gold | +2.9% |
| S&P 500 (with dividends) | +7.6% |
| US inflation (CPI, month) | −0.16% |
| Silver, year to date (end of July) | +23.6% |
| Gold/silver ratio | 68.3 → 68.4 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, July 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 |
|---|---|---|---|---|---|
| Jul 1Wed | $13.74 | +1.22% | $0.44 | ₹21,139 | AED 1,622.07 |
| Jul 2Thu | $13.39 | −2.53% | $0.43 | ₹20,608 | AED 1,580.71 |
| Jul 6Mon | $13.23 | −1.24% | $0.43 | ₹20,599 | AED 1,561.12 |
| Jul 7Tue | $13.21 | −0.14% | $0.42 | ₹20,432 | AED 1,559.00 |
| Jul 8Wed | $12.84 | −2.79% | $0.41 | ₹20,162 | AED 1,515.56 |
| Jul 9Thu | $12.92 | +0.65% | $0.42 | ₹20,233 | AED 1,525.36 |
| Jul 10Fri | $12.64 | −2.22% | $0.41 | ₹19,856 | AED 1,491.28 |
| Jul 13Mon | $12.79 | +1.17% | $0.41 | ₹20,275 | AED 1,508.95 |
| Jul 14Tue | $12.86 | +0.55% | $0.41 | ₹20,147 | AED 1,517.22 |
| Jul 15Wed | $13.20 | +2.71% | $0.42 | ₹20,498 | AED 1,558.08 |
| Jul 16Thu | $13.23 | +0.20% | $0.43 | ₹20,617 | AED 1,561.48 |
| Jul 17Fri | $13.40 | +1.27% | $0.43 | ₹20,950 | AED 1,581.30 |
| Jul 20Mon | $13.62 | +1.66% | $0.44 | ₹21,093 | AED 1,607.51 |
| Jul 21Tue | $13.47 | −1.08% | $0.43 | ₹20,945 | AED 1,590.16 |
| Jul 22Wed | $13.70 | +1.65% | $0.44 | ₹21,331 | AED 1,616.36 |
| Jul 23Thu | $13.77 | +0.51% | $0.44 | ₹21,408 | AED 1,624.62 |
| Jul 24Fri | $13.87 | +0.76% | $0.45 | ₹21,463 | AED 1,635.45 |
| Jul 27Mon | $13.99 | +0.83% | $0.45 | ₹21,624 | AED 1,650.14 |
| Jul 28Tue | $13.74 | −1.79% | $0.44 | ₹21,255 | AED 1,621.08 |
| Jul 29Wed | $13.25 | −3.51% | $0.43 | ₹20,620 | AED 1,564.19 |
| Jul 30Thu | $13.48 | +1.70% | $0.43 | ₹20,919 | AED 1,590.75 |
| Jul 31Fri | $13.93 | +3.38% | $0.45 | ₹21,334 | AED 1,644.90 |
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 2009: FAQ
What was the price of silver in July 2009?
Silver traded between $12.64 and $13.99 per troy ounce (daily closes) in July 2009, averaging $13.37. It closed the month at $13.93.
How much did silver go up in July 2009?
Silver rose 2.6%, from $13.57 to $13.93. The biggest daily rise was +3.4% on July 31, 2009 and the biggest fall −3.5% on July 29, 2009.
What was the silver price on July 1, 2009?
Silver closed at $13.74 per troy ounce on July 1, 2009, the first trading day of the month. 999 India, ₹ per kg: ₹21,139.
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 2009?
Silver rose 2.3% in Indian rupee terms in July 2009, compared with +2.6% in US dollars.
Did silver beat stocks in July 2009?
No. Silver was +2.6% for the month, against +7.6% for the S&P 500 with dividends.
Did silver keep up with inflation in July 2009?
US consumer prices (CPI) changed −0.16% in July, so silver's real (inflation-adjusted) change was about +2.8%.