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Silver Price in August 2012

In August 2012, silver rose 12.5%, from $27.90 at the end of July to $31.37 per troy ounce on August 31, 2012. The highest close was $31.37 on August 31, 2012, the lowest $26.98 on August 2, 2012, and the average over 23 trading days was $28.91. Today's price is 82.3% higher than the August 2012 close.

End of July
$27.90
Month-end close
$31.37
Aug 31
Change
+12.5%
High
$31.37
Aug 31
Low
$26.98
Aug 2
Average
$28.91
23 trading days

Silver price chart, August 2012

US dollars per troy ounce · daily close
$26.63$29.18$31.72Jul 31Aug 6Aug 10Aug 16Aug 21Aug 27Aug 31

Daily Silver Prices, August 2012

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram999 India, ₹ per kgUAE, AED per kg
Aug 1Wed$27.52−1.36% $0.88 ₹49,231AED 3,248.59
Aug 2Thu$26.98−1.95% $0.87 ₹48,116AED 3,185.40
Aug 3Fri$27.79+3.00% $0.89 ₹49,890AED 3,280.91
Aug 6Mon$27.85+0.22% $0.90 ₹49,920AED 3,288.14
Aug 7Tue$28.08+0.80% $0.90 ₹50,112AED 3,314.47
Aug 8Wed$28.07−0.03% $0.90 ₹49,687AED 3,313.61
Aug 9Thu$28.09+0.08% $0.90 ₹50,049AED 3,316.24
Aug 10Fri$28.06−0.12% $0.90 ₹49,851AED 3,312.10
Aug 13Mon$27.76−1.05% $0.89 ₹49,336AED 3,277.28
Aug 14Tue$27.76−0.01% $0.89 ₹49,382AED 3,276.81
Aug 15Wed$27.81+0.18% $0.89 ₹49,747AED 3,282.68
Aug 16Thu$28.21+1.44% $0.91 ₹50,462AED 3,329.81
Aug 17Fri$28.00−0.74% $0.90 ₹50,060AED 3,305.02
Aug 20Mon$28.59+2.11% $0.92 ₹51,217AED 3,374.79
Aug 21Tue$29.42+2.92% $0.95 ₹52,496AED 3,473.37
Aug 22Wed$29.55+0.44% $0.95 ₹52,596AED 3,488.48
Aug 23Thu$30.45+3.04% $0.98 ₹54,322AED 3,594.50
Aug 24Fri$30.61+0.52% $0.98 ₹54,374AED 3,613.37
Aug 27Mon$31.04+1.41% $1.00 ₹55,383AED 3,664.39
Aug 28Tue$30.87−0.55% $0.99 ₹55,268AED 3,644.32
Aug 29Wed$30.83−0.12% $0.99 ₹55,175AED 3,639.93
Aug 30Thu$30.37−1.50% $0.98 ₹54,306AED 3,585.05
Aug 31Fri$31.37+3.30% $1.01 ₹56,105AED 3,703.47
Daily closing prices of COMEX front-month silver futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

How August usually goes for silver

In the 20 years from 2006 to 2025, silver rose in August 10 times out of 20, with an average move of +1.8% and a median of +1.9%.

Silver in August 2012: FAQ

What was the price of silver in August 2012?

Silver traded between $26.98 and $31.37 per troy ounce (daily closes) in August 2012, averaging $28.91. It closed the month at $31.37.

How much did silver go up in August 2012?

Silver rose 12.5%, from $27.90 to $31.37. The biggest daily rise was +3.3% on August 31, 2012 and the biggest fall −1.9% on August 2, 2012.

What was the silver price on August 1, 2012?

Silver closed at $27.52 per troy ounce on August 1, 2012, the first trading day of the month. 999 India, ₹ per kg: ₹49,231.

Is August usually a good month for silver?

In the 20 years from 2006 to 2025, silver rose in August 10 times out of 20, with an average move of +1.8% and a median of +1.9%. Past seasonal patterns are not a reliable guide to any single year.