Silver Price in 2018
In 2018, silver fell 9.5%, closing the year at $15.43 per troy ounce, compared with $17.06 at the end of 2017. The highest close was $17.55 on January 25, 2018 and the lowest $13.95 on November 13, 2018; the average for the year was $15.65. Today's price is 270.6% above the 2018 close.
Silver price chart, 2018
USD per troy ounce · daily closeMonthly Silver Prices in 2018
Month-end close and range, US dollars per troy ounce. Choose a month for every day's price.
| Month | Close | High | Low | Change |
|---|---|---|---|---|
| January | $17.20 | $17.55 | $16.86 | +0.8% |
| February | $16.32 | $17.12 | $16.12 | −5.1% |
| March | $16.22 | $16.72 | $16.13 | −0.6% |
| April | $16.31 | $17.23 | $16.21 | +0.5% |
| May | $16.40 | $16.68 | $16.04 | +0.6% |
| June | $16.10 | $17.23 | $15.95 | −1.8% |
| July | $15.50 | $16.05 | $15.34 | −3.8% |
| August | $14.44 | $15.42 | $14.42 | −6.9% |
| September | $14.62 | $14.62 | $14.04 | +1.3% |
| October | $14.23 | $14.73 | $14.23 | −2.7% |
| November | $14.09 | $14.73 | $13.95 | −0.9% |
| December | $15.43 | $15.43 | $14.38 | +9.5% |
Silver in 2018 at a Glance
- Silver fell 9.5% in US dollars. In TRY terms it rose 26.3%, and in JPY terms it fell 11.6% — the difference comes from currency moves.
- It did better than Bitcoin (−73.6%).
- It did worse than Gold (−2.1%) and S&P 500 (with dividends) (−4.4%).
- After US inflation of 1.9%, the real change was −11.2%.
- In the futures market, managed money (speculators) went from net short 7,187 to net long 30,046 contracts.
Key Events in 2018
What happened, and how silver moved that day (or the next trading day) and about a month later.
- Friday, July 6US tariffs on $34 billion of Chinese goods take effect; China retaliates with matching tariffs. SourceSilver: −0.2% that day · −3.8% a month later
Silver in 2018: records, milestones and the London price chart →
Silver in other currencies, 2018
| Currency | Change |
|---|---|
| TRY | +26.3% |
| PKR | +14.6% |
| ZAR | +5.2% |
| AUD | +0.1% |
| INR | −1.3% |
| CAD | −1.9% |
| GBP | −4.2% |
| CNY | −4.8% |
| EUR | −5.6% |
| MXN | −9.6% |
| JPY | −11.6% |
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, 2018
| Asset | Change (USD) |
|---|---|
| Gold | −2.1% |
| Bitcoin | −73.6% |
| S&P 500 (with dividends) | −4.4% |
| US inflation (CPI) | +1.9% |
Silver Price on Festivals in 2018
| Festival | Date | Price |
|---|---|---|
| Gudi Padwa | Sun 18 Mar | ₹33,866 ₹/kg |
| Akshaya Tritiya | Wed 18 Apr | ₹36,383 ₹/kg |
| Navratri | Wed 10 Oct | ₹34,167 ₹/kg |
| Dussehra | Fri 19 Oct | ₹34,761 ₹/kg |
| Dhanteras | Mon 5 Nov | ₹34,231 ₹/kg |
| Diwali | Wed 7 Nov | ₹34,205 ₹/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 30,046 contracts on 31 Dec 2018, against net short 7,187 a year earlier. COT report →
Silver in 2018: FAQ
What was the price of silver in 2018?
Silver traded between $13.95 and $17.55 per troy ounce in 2018 (daily closes), averaging $15.65. It closed the year at $15.43.
How much did silver go down in 2018?
Silver fell 9.5% in 2018, from $17.06 to $15.43 per ounce.
What was the highest silver price in 2018?
The highest daily close in 2018 was $17.55 per troy ounce on January 25, 2018.
What was the best month for silver in 2018?
December (+9.5%). The weakest was August (−6.9%).
How much did silver rise in rupees in 2018?
Silver fell 1.3% in Indian rupee terms in 2018, compared with −9.5% in US dollars.
Did silver beat the stock market in 2018?
No. Silver was −9.5% for the year, against −4.4% for the S&P 500 with dividends reinvested.
What was the biggest event for silver in 2018?
Of the key events listed on this page, the biggest one-day reaction was on 6 July: US tariffs on $34 billion of Chinese goods take effect; China retaliates with matching tariffs. Silver moved −0.2% 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).