Silver Price in 2012
In 2012, silver rose 8.2%, closing the year at $30.17 per troy ounce, compared with $27.88 at the end of 2011. The highest close was $37.14 on February 28, 2012 and the lowest $26.25 on June 28, 2012; the average for the year was $31.14. Today's price is 90.7% above the 2012 close.
Silver price chart, 2012
USD per troy ounce · daily closeMonthly Silver Prices in 2012
Month-end close and range, US dollars per troy ounce. Choose a month for every day's price.
| Month | Close | High | Low | Change |
|---|---|---|---|---|
| January | $33.23 | $33.75 | $28.65 | +19.2% |
| February | $34.58 | $37.14 | $33.20 | +4.1% |
| March | $32.47 | $35.61 | $31.32 | −6.1% |
| April | $30.96 | $33.25 | $30.35 | −4.7% |
| May | $27.74 | $30.88 | $27.17 | −10.4% |
| June | $27.58 | $29.48 | $26.25 | −0.6% |
| July | $27.90 | $28.24 | $26.79 | +1.1% |
| August | $31.37 | $31.37 | $26.98 | +12.5% |
| September | $34.52 | $34.72 | $32.27 | +10.0% |
| October | $32.29 | $35.04 | $31.60 | −6.5% |
| November | $33.20 | $34.35 | $30.84 | +2.8% |
| December | $30.17 | $33.71 | $29.61 | −9.1% |
Silver in 2012 at a Glance
- Silver rose 8.2% in US dollars. In JPY terms it rose 19.8%, and in MXN terms it fell 0.2% — the difference comes from currency moves.
- It did better than Gold (+7.0%).
- It did worse than S&P 500 (with dividends) (+16.0%).
- After US inflation of 1.7%, the real change was +6.4%.
- In the futures market, managed money (speculators) went from net long 4,752 to net long 22,539 contracts.
Key Events in 2012
What happened, and how silver moved that day (or the next trading day) and about a month later.
- Thursday, July 26ECB President Mario Draghi says the ECB is ready to do "whatever it takes" to preserve the euro. SourceSilver: −0.1% that day · +10.9% a month later
Silver in 2012: records, milestones and the London price chart →
Silver in other currencies, 2012
| Currency | Change |
|---|---|
| JPY | +19.8% |
| PKR | +15.5% |
| ZAR | +12.5% |
| INR | +11.8% |
| CNY | +7.0% |
| EUR | +6.0% |
| AUD | +5.6% |
| CAD | +5.5% |
| GBP | +3.2% |
| TRY | +1.1% |
| MXN | −0.2% |
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, 2012
| Asset | Change (USD) |
|---|---|
| Gold | +7.0% |
| S&P 500 (with dividends) | +16.0% |
| US inflation (CPI) | +1.7% |
Silver Price on Festivals in 2012
| Festival | Date | Price |
|---|---|---|
| Gudi Padwa | Fri 23 Mar | ₹53,001 ₹/kg |
| Akshaya Tritiya | Tue 24 Apr | ₹51,885 ₹/kg |
| Navratri | Tue 16 Oct | ₹56,113 ₹/kg |
| Dussehra | Wed 24 Oct | ₹54,567 ₹/kg |
| Dhanteras | Sun 11 Nov | ₹56,956 ₹/kg |
| Diwali | Tue 13 Nov | ₹57,303 ₹/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 22,539 contracts on 31 Dec 2012, against net long 4,752 a year earlier. COT report →
Silver in 2012: FAQ
What was the price of silver in 2012?
Silver traded between $26.25 and $37.14 per troy ounce in 2012 (daily closes), averaging $31.14. It closed the year at $30.17.
How much did silver go up in 2012?
Silver rose 8.2% in 2012, from $27.88 to $30.17 per ounce.
What was the highest silver price in 2012?
The highest daily close in 2012 was $37.14 per troy ounce on February 28, 2012.
What was the best month for silver in 2012?
January (+19.2%). The weakest was May (−10.4%).
How much did silver rise in rupees in 2012?
Silver rose 11.8% in Indian rupee terms in 2012, compared with +8.2% in US dollars.
Did silver beat the stock market in 2012?
No. Silver was +8.2% for the year, against +16.0% for the S&P 500 with dividends reinvested.
What was the biggest event for silver in 2012?
Of the key events listed on this page, the biggest one-day reaction was on 26 July: ECB President Mario Draghi says the ECB is ready to do "whatever it takes" to preserve the euro. Silver moved −0.1% 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).