Silver ranged between $15.49 and $21.20 per troy ounce during 2014, averaging $18.34 across 11 trading days. It finished the period at $15.56, down 22.10% from $19.98.
The strongest session of 2014 was 1 February 2014 at +10.99%, and the weakest 1 September 2014 at -12.33%.
Twelve months earlier silver traded around $19.98, making this a -22.10% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 January 2014 | $19.10 | −$0.876 |
| 1 February 2014 | $21.20 | +$2.099 |
| 1 March 2014 | $19.73 | −$1.470 |
| 1 April 2014 | $19.12 | −$0.615 |
| 1 May 2014 | $18.65 | −$0.466 |
| 1 July 2014 | $20.37 | +$1.720 |
| 1 August 2014 | $19.40 | −$0.975 |
| 1 September 2014 | $17.01 | −$2.392 |
| 1 October 2014 | $16.08 | −$0.929 |
| 1 November 2014 | $15.49 | −$0.588 |
| 1 December 2014 | $15.56 | +$0.076 |
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 2014 at $15.56 per troy ounce, having fallen $4.42 (22.10%) over the year. It has traded between $15.49 and $21.20 across 11 trading days.
The average silver closing price in 2014 was $18.34 per troy ounce, calculated across all 11 trading days in the year.
Silver reached its highest close of 2014 at $21.20 per troy ounce on 1 February 2014.
The lowest silver close in 2014 was $15.49 per troy ounce on 1 November 2014.
Silver fell during 2014. It entered the year at $19.98 and closed at $15.56, a change of -22.10%.
Silver closed higher on 3 sessions and lower on 8 during 2014. The strongest session was 1 February 2014 (+10.99%) and the weakest 1 September 2014 (-12.33%).
Daily closes in 2014 varied with a standard deviation of 6.79% per session, and the peak-to-trough spread across the year was 36.9% ($15.49 to $21.20).
At the 2014 close of $15.56 per troy ounce, silver worked out at about $0.50 per gram and $500.43 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 68.4 through 2014 and finished the year near 76.1. A higher ratio means silver is cheap relative to gold.
Silver was around $19.98 per troy ounce twelve months before the end of 2014. Closing at $15.56 makes that a decline of 22.1% year on year.