Silver Price in 2017
In 2017, silver rose 7.1%, closing the year at $17.06 per troy ounce, compared with $15.94 at the end of 2016. The highest close was $18.49 on April 17, 2017 and the lowest $15.37 on July 7, 2017; the average for the year was $17.02. Today's price is 237.2% above the 2017 close.
Silver price chart, 2017
USD per troy ounce · daily closeMonthly Silver Prices in 2017
Month-end close and range, US dollars per troy ounce. Choose a month for every day's price.
| Month | Close | High | Low | Change |
|---|---|---|---|---|
| January | $17.51 | $17.51 | $16.36 | +9.9% |
| February | $18.42 | $18.42 | $17.40 | +5.2% |
| March | $18.24 | $18.44 | $16.88 | −1.0% |
| April | $17.19 | $18.49 | $17.19 | −5.7% |
| May | $17.37 | $17.39 | $16.01 | +1.0% |
| June | $16.57 | $17.68 | $16.36 | −4.6% |
| July | $16.75 | $16.75 | $15.37 | +1.1% |
| August | $17.48 | $17.48 | $16.22 | +4.4% |
| September | $16.61 | $18.03 | $16.61 | −5.0% |
| October | $16.65 | $17.36 | $16.56 | +0.2% |
| November | $16.38 | $17.36 | $16.38 | −1.6% |
| December | $17.06 | $17.06 | $15.58 | +4.1% |
Silver in 2017 at a Glance
- Silver rose 7.1% in US dollars. In TRY terms it rose 14.9%, and in EUR terms it fell 5.2% — the difference comes from currency moves.
- It did worse than Gold (+13.6%), Bitcoin (+1,368.9%) and S&P 500 (with dividends) (+21.8%).
- After US inflation of 2.1%, the real change was +4.8%.
- In the futures market, managed money (speculators) went from net long 39,216 to net short 7,187 contracts.
Key Events in 2017
What happened, and how silver moved that day (or the next trading day) and about a month later.
- Friday, December 22President Trump signs the Tax Cuts and Jobs Act, cutting the corporate tax rate to 21%. SourceSilver: +1.3% that day · +7.9% a month later
Silver in 2017: records, milestones and the London price chart →
Silver in other currencies, 2017
| Currency | Change |
|---|---|
| TRY | +14.9% |
| PKR | +13.8% |
| JPY | +3.9% |
| MXN | +1.6% |
| INR | +1.0% |
| CNY | +0.7% |
| CAD | −0.2% |
| AUD | −0.6% |
| GBP | −2.1% |
| ZAR | −2.2% |
| EUR | −5.2% |
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, 2017
| Asset | Change (USD) |
|---|---|
| Gold | +13.6% |
| Bitcoin | +1,368.9% |
| S&P 500 (with dividends) | +21.8% |
| US inflation (CPI) | +2.1% |
Silver Price on Festivals in 2017
| Festival | Date | Price |
|---|---|---|
| Gudi Padwa | Tue 28 Mar | ₹38,113 ₹/kg |
| Akshaya Tritiya | Fri 28 Apr | ₹35,406 ₹/kg |
| Navratri | Thu 21 Sep | ₹35,005 ₹/kg |
| Dussehra | Sat 30 Sep | ₹34,897 ₹/kg |
| Dhanteras | Tue 17 Oct | ₹35,333 ₹/kg |
| Diwali | Thu 19 Oct | ₹35,969 ₹/kg |
International price converted at that day's rate, before local taxes and making charges.
Futures positioning: managed money (speculators) held a net short position of 7,187 contracts on 26 Dec 2017, against net long 39,216 a year earlier. COT report →
Silver in 2017: FAQ
What was the price of silver in 2017?
Silver traded between $15.37 and $18.49 per troy ounce in 2017 (daily closes), averaging $17.02. It closed the year at $17.06.
How much did silver go up in 2017?
Silver rose 7.1% in 2017, from $15.94 to $17.06 per ounce.
What was the highest silver price in 2017?
The highest daily close in 2017 was $18.49 per troy ounce on April 17, 2017.
What was the best month for silver in 2017?
January (+9.9%). The weakest was April (−5.7%).
How much did silver rise in rupees in 2017?
Silver rose 1.0% in Indian rupee terms in 2017, compared with +7.1% in US dollars.
Did silver beat the stock market in 2017?
No. Silver was +7.1% for the year, against +21.8% for the S&P 500 with dividends reinvested.
What was the biggest event for silver in 2017?
Of the key events listed on this page, the biggest one-day reaction was on 22 December: President Trump signs the Tax Cuts and Jobs Act, cutting the corporate tax rate to 21%. Silver moved +1.3% 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).