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Silver ranged between $12.06 and $14.80 per troy ounce during 2007, averaging $13.58 across 10 trading days. It finished the period at $14.80, up 15.44% from $12.82.
The strongest session of 2007 was 1 September 2007 at +14.35%, and the weakest 1 June 2007 at -7.88%.
Twelve months earlier silver traded around $12.82, making this a +15.44% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 January 2007 | $13.51 | +$0.696 |
| 1 February 2007 | $14.10 | +$0.586 |
| 1 March 2007 | $13.39 | −$0.710 |
| 1 May 2007 | $13.41 | +$0.019 |
| 1 June 2007 | $12.35 | −$1.056 |
| 1 August 2007 | $12.06 | −$0.290 |
| 1 September 2007 | $13.79 | +$1.731 |
| 1 October 2007 | $14.38 | +$0.583 |
| 1 November 2007 | $13.96 | −$0.414 |
| 1 December 2007 | $14.80 | +$0.834 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Silver finished 2007 at $14.80 per troy ounce, having risen $1.98 (15.44%) over the year. It has traded between $12.06 and $14.80 across 10 trading days.
The average silver closing price in 2007 was $13.58 per troy ounce, calculated across all 10 trading days in the year.
Silver reached its highest close of 2007 at $14.80 per troy ounce on 1 December 2007.
The lowest silver close in 2007 was $12.06 per troy ounce on 1 August 2007.
Silver rose during 2007. It entered the year at $12.82 and closed at $14.80, a change of 15.44%.
Silver closed higher on 6 sessions and lower on 4 during 2007. The strongest session was 1 September 2007 (+14.35%) and the weakest 1 June 2007 (-7.88%).
Daily closes in 2007 varied with a standard deviation of 6.52% per session, and the peak-to-trough spread across the year was 22.7% ($12.06 to $14.80).
At the 2007 close of $14.80 per troy ounce, silver worked out at about $0.48 per gram and $475.73 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 52.4 through 2007 and finished the year near 56.4. A higher ratio means silver is cheap relative to gold.
Silver was around $12.82 per troy ounce twelve months before the end of 2007. Closing at $14.80 makes that a gain of 15.4% year on year.