Silver Price in 2014
In 2014, silver fell 19.5%, closing the year at $15.57 per troy ounce, compared with $19.34 at the end of 2013. The highest close was $22.05 on February 24, 2014 and the lowest $15.39 on November 6, 2014; the average for the year was $19.03. Today's price is 269.6% above the 2014 close.
Silver price chart, 2014
USD per troy ounce · daily closeMonthly Silver Prices in 2014
Month-end close and range, US dollars per troy ounce. Choose a month for every day's price.
| Month | Close | High | Low | Change |
|---|---|---|---|---|
| January | $19.11 | $20.36 | $19.11 | −1.2% |
| February | $21.20 | $22.05 | $19.39 | +11.0% |
| March | $19.73 | $21.54 | $19.69 | −6.9% |
| April | $19.12 | $20.08 | $19.12 | −3.1% |
| May | $18.65 | $19.74 | $18.65 | −2.4% |
| June | $21.01 | $21.11 | $18.71 | +12.6% |
| July | $20.37 | $21.46 | $20.37 | −3.0% |
| August | $19.40 | $20.33 | $19.34 | −4.8% |
| September | $17.01 | $19.11 | $17.01 | −12.3% |
| October | $16.08 | $17.50 | $16.08 | −5.5% |
| November | $15.49 | $16.55 | $15.39 | −3.7% |
| December | $15.57 | $17.13 | $15.57 | +0.5% |
Silver in 2014 at a Glance
- Silver fell 19.5% in US dollars. In JPY terms it fell 8.4%, and in PKR terms it fell 23.4% — the difference comes from currency moves.
- It did worse than Gold (−1.5%) and S&P 500 (with dividends) (+13.7%).
- After US inflation of 0.8%, the real change was −20.1%.
- In the futures market, managed money (speculators) went from net long 7,812 to net long 19,326 contracts.
Key Events in 2014
What happened, and how silver moved that day (or the next trading day) and about a month later.
- Tuesday, March 18Russia signs a treaty annexing Crimea from Ukraine. SourceSilver: −1.9% that day · −8.3% a month later
- Thursday, June 5ECB cuts its deposit facility rate to -0.10%, introducing a negative policy rate. SourceSilver: +1.5% that day · +12.4% a month later
Silver in 2014: records, milestones and the London price chart →
Silver in other currencies, 2014
| Currency | Change |
|---|---|
| JPY | −8.4% |
| EUR | −8.6% |
| MXN | −9.0% |
| ZAR | −10.7% |
| TRY | −11.8% |
| CAD | −12.3% |
| AUD | −12.3% |
| GBP | −14.7% |
| INR | −17.4% |
| CNY | −17.7% |
| PKR | −23.4% |
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, 2014
| Asset | Change (USD) |
|---|---|
| Gold | −1.5% |
| S&P 500 (with dividends) | +13.7% |
| US inflation (CPI) | +0.8% |
Silver Price on Festivals in 2014
| Festival | Date | Price |
|---|---|---|
| Gudi Padwa | Mon 31 Mar | ₹37,966 ₹/kg |
| Akshaya Tritiya | Fri 2 May | ₹37,689 ₹/kg |
| Navratri | Thu 25 Sep | ₹33,977 ₹/kg |
| Dussehra | Fri 3 Oct | ₹33,146 ₹/kg |
| Dhanteras | Tue 21 Oct | ₹34,457 ₹/kg |
| Diwali | Thu 23 Oct | ₹33,619 ₹/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 19,326 contracts on 30 Dec 2014, against net long 7,812 a year earlier. COT report →
Silver in 2014: FAQ
What was the price of silver in 2014?
Silver traded between $15.39 and $22.05 per troy ounce in 2014 (daily closes), averaging $19.03. It closed the year at $15.57.
How much did silver go down in 2014?
Silver fell 19.5% in 2014, from $19.34 to $15.57 per ounce.
What was the highest silver price in 2014?
The highest daily close in 2014 was $22.05 per troy ounce on February 24, 2014.
What was the best month for silver in 2014?
June (+12.6%). The weakest was September (−12.3%).
How much did silver rise in rupees in 2014?
Silver fell 17.4% in Indian rupee terms in 2014, compared with −19.5% in US dollars.
Did silver beat the stock market in 2014?
No. Silver was −19.5% for the year, against +13.7% for the S&P 500 with dividends reinvested.
What was the biggest event for silver in 2014?
Of the key events listed on this page, the biggest one-day reaction was on 18 March: Russia signs a treaty annexing Crimea from Ukraine. Silver moved −1.9% 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).