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Silver Price per Ounce, 1960 to 2025

Silver averaged $39.8 an ounce in 2025, the highest annual average in a series that starts at $0.90 in 1960, passing 2011's $35.2.

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What the data shows

  • Silver: $0.9 in 1960, $39.8 in 2025 (44× higher).

About this chart

Silver averaged $39.8 per troy ounce in 2025, the highest annual average in this World Bank series, which starts at $0.90 in 1960. The previous high was $35.2 in 2011. Prices are nominal annual averages in US dollars, rounded to $0.1 in the source, and are not adjusted for inflation. Spot silver rose above $120 in January 2026, according to Reuters, but a full-year 2026 average is not available, so the series ends at 2025.

The 1980 average of $20.80 was the record for three decades, set in the year of the Hunt brothers' attempt to corner the market and Silver Thursday in March 1980. Prices then slumped, averaging $3.90 in 1992 and $4.40 in 2001. From 1985 to 2005 the annual average never exceeded $7.30, and it first topped $10 again in 2006 ($11.60). Silver averaged $20.50 in 2020 and $28.30 in 2024.

The data

Source: World Bank, Commodity Markets 'Pink Sheet' Historical Data (Annual, nominal US dollars), Silver column (London/Handy & Harman quotes), file updated 2 Sep 2026. Retrieved November 4, 2026. Nominal (not inflation-adjusted) annual average price in US$ per troy ounce, rounded to 0.1 in the source. Ends at 2025; 2026 is not a full year. Spot silver spiked above $120 in January 2026 (Reuters) but annual 2026 average is not available.

Silver Price per Ounce, Annual average, US$ per troy ounce, 1960-2025, 1960–2025
DateSilver
1960$0.9
1961$0.9
1962$1.1
1963$1.3
1964$1.3
1965$1.3
1966$1.3
1967$1.5
1968$2.1
1969$1.8
1970$1.8
1971$1.5
1972$1.7
1973$2.6
1974$4.7
1975$4.4
1976$4.4
1977$4.6
1978$5.4
1979$11.1
1980$20.8
1981$10.5
1982$7.9
1983$11.4
1984$8.1
1985$6.1
1986$5.4
1987$7.0
1988$6.5
1989$5.5
1990$4.8
1991$4.1
1992$3.9
1993$4.3
1994$5.3
1995$5.2
1996$5.2
1997$4.9
1998$5.6
1999$5.2
2000$5.0
2001$4.4
2002$4.6
2003$4.9
2004$6.7
2005$7.3
2006$11.6
2007$13.4
2008$15.0
2009$14.6
2010$20.2
2011$35.2
2012$31.1
2013$23.8
2014$19.1
2015$15.7
2016$17.1
2017$17.1
2018$15.7
2019$16.2
2020$20.5
2021$25.2
2022$21.8
2023$23.4
2024$28.3
2025$39.8

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Frequently asked questions

What is the price of silver?

Silver averaged $39.8 per troy ounce in 2025, the highest annual average in the World Bank data. Spot prices move daily and rose above $120 in January 2026 according to Reuters, but this series stops at the 2025 average.

What was silver's highest price?

By annual average, $39.8 in 2025, ahead of $35.2 in 2011 and $20.8 in 1980. Daily and intraday prices can run well above yearly averages, so this is not the same as a single-day record.

Where does this data come from?

World Bank, Commodity Markets 'Pink Sheet' Historical Data (Annual, nominal US dollars), Silver column (London/Handy & Harman quotes), file updated 2 Sep 2026. Retrieved November 4, 2026. Nominal (not inflation-adjusted) annual average price in US$ per troy ounce, rounded to 0.1 in the source. Ends at 2025; 2026 is not a full year. Spot silver spiked above $120 in January 2026 (Reuters) but annual 2026 average is not available. You can download the full table as a CSV from this page.

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