Fine silver ingots

Silver Price Outlook

Silver prices continued to slide last month. On 3 August, silver closed the trading day at USD 15.5 per troy ounce, which was 3.3% lower than on the same day in June. The price was down 8.8% on a year-to-date basis and was 6.6% lower than on the same day in 2017. Prices slipped as the latest move in the escalating trade war between China and the U.S. dealt a heavy blow to the commodities market, including a widespread sell-off in precious metals. The U.S. is pushing ahead to impose tariffs on an additional USD 200 billion worth of Chinese goods, including metals, energy and agricultural products. Demand for silver jewelry has also been unfavorable. Continued strong industrial demand for silver, however, thanks to rising use of solar technologies, has kept prices from falling further. The green technologies revolution, propelled by increasing investment in solar energy and the growth of new energy vehicles, should continue to lift global industrial demand for silver.

Silver Price History Data (USD per troy ounce, aop)

2013  2014  2015  2016  2017  
Silver23.82  19.07  15.71  17.15  17.06  

Sample Report

Price forecasts and historical data for Energy, Metals and Agricultural Commodities.

Download

Silver Historical Price Chart


Silver historical price chart
Note: Handy & Harman 99.9% Refined Grade Silver, prices in USD per troy ounce (toz). Daily prices.

Sample Report

Price forecasts and historical data for Energy, Metals and Agricultural Commodities

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Search form