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Silver · 2008

Silver price in 2008

In 2008, silver averaged $14.99 per troy ounce ($0.4819 per gram) and fell 27.7% from $14.93 to $10.79. The high was $20.92 on 2008-03-17 and the low $8.88 on 2008-10-24.

Average

$14.99

Open → close

$14.93 → $10.79

High

$20.92

Low

$8.88

Month 2008Avg / ozAvg / gram
Jan$15.96$0.5132
Feb$17.57$0.5649
Mar$19.51$0.6271
Apr$17.50$0.5626
May$17.05$0.5482
Jun$16.97$0.5456
Jul$18.03$0.5798
Aug$14.69$0.4722
Sep$12.37$0.3978
Oct$10.44$0.3357
Nov$9.87$0.3172
Dec$10.29$0.3307

2008 at a glance

The range between the year's low and high was $12.04, or 135.6% of the low – a measure of how volatile silver was in 2008.

Compared with 2007, the average price increased by 12.0%, from $13.38 to $14.99 per ounce.

For a 1-kilogram silver bar, the average 2008 value was $481.91. A gram of sterling silver (925) averaged $0.4458.

Compare with today on the live silver price page.

Other years

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FAQ

Silver price 2008 FAQ

What was the silver price in 2008?
Silver averaged $14.99 per troy ounce in 2008, or $0.4819 per gram. It opened at $14.93 and closed at $10.79.
What was the highest silver price in 2008?
The highest daily silver price in 2008 was $20.92 per ounce on 2008-03-17. The lowest was $8.88 on 2008-10-24.
Did silver go up in 2008?
From the first to the last trading day of 2008, silver fell 27.7% in US dollars.
How did 2008 compare with 2007?
The average silver price in 2008 was +12.0% compared with the 2007 average of $13.38 per ounce.

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