Silver ranged between $27.58 and $34.58 per troy ounce during 2012, averaging $31.55 across 9 trading days. It finished the period at $30.17, up 8.24% from $27.88.
The strongest session of 2012 was 1 February 2012 at +24.06%, and the weakest 1 May 2012 at -14.56%.
Twelve months earlier silver traded around $27.88, making this a +8.24% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 February 2012 | $34.58 | +$6.708 |
| 1 March 2012 | $32.47 | −$2.114 |
| 1 May 2012 | $27.74 | −$4.728 |
| 1 June 2012 | $27.58 | −$0.161 |
| 1 August 2012 | $31.37 | +$3.790 |
| 1 September 2012 | $34.52 | +$3.147 |
| 1 October 2012 | $32.29 | −$2.229 |
| 1 November 2012 | $33.20 | +$0.916 |
| 1 December 2012 | $30.17 | −$3.031 |
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 2012 at $30.17 per troy ounce, having risen $2.30 (8.24%) over the year. It has traded between $27.58 and $34.58 across 9 trading days.
The average silver closing price in 2012 was $31.55 per troy ounce, calculated across all 9 trading days in the year.
Silver reached its highest close of 2012 at $34.58 per troy ounce on 1 February 2012.
The lowest silver close in 2012 was $27.58 per troy ounce on 1 June 2012.
Silver rose during 2012. It entered the year at $27.88 and closed at $30.17, a change of 8.24%.
Silver closed higher on 4 sessions and lower on 5 during 2012. The strongest session was 1 February 2012 (+24.06%) and the weakest 1 May 2012 (-14.56%).
Daily closes in 2012 varied with a standard deviation of 12.40% per session, and the peak-to-trough spread across the year was 25.4% ($27.58 to $34.58).
At the 2012 close of $30.17 per troy ounce, silver worked out at about $0.97 per gram and $970.08 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 53.4 through 2012 and finished the year near 55.5. A higher ratio means silver is cheap relative to gold.
Silver was around $27.88 per troy ounce twelve months before the end of 2012. Closing at $30.17 makes that a gain of 8.2% year on year.