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Silver ranged between $16.38 and $18.42 per troy ounce during 2017, averaging $17.21 across 10 trading days. It finished the period at $17.06, up 7.05% from $15.94.
The strongest session of 2017 was 1 February 2017 at +15.59%, and the weakest 1 April 2017 at -5.73%.
Twelve months earlier silver traded around $15.94, making this a +7.05% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 February 2017 | $18.42 | +$2.484 |
| 1 March 2017 | $18.24 | −$0.185 |
| 1 April 2017 | $17.19 | −$1.044 |
| 1 May 2017 | $17.37 | +$0.177 |
| 1 June 2017 | $16.57 | −$0.800 |
| 1 July 2017 | $16.75 | +$0.182 |
| 1 August 2017 | $17.48 | +$0.730 |
| 1 September 2017 | $16.61 | −$0.873 |
| 1 November 2017 | $16.38 | −$0.225 |
| 1 December 2017 | $17.06 | +$0.678 |
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 2017 at $17.06 per troy ounce, having risen $1.12 (7.05%) over the year. It has traded between $16.38 and $18.42 across 10 trading days.
The average silver closing price in 2017 was $17.21 per troy ounce, calculated across all 10 trading days in the year.
Silver reached its highest close of 2017 at $18.42 per troy ounce on 1 February 2017.
The lowest silver close in 2017 was $16.38 per troy ounce on 1 November 2017.
Silver rose during 2017. It entered the year at $15.94 and closed at $17.06, a change of 7.05%.
Silver closed higher on 5 sessions and lower on 5 during 2017. The strongest session was 1 February 2017 (+15.59%) and the weakest 1 April 2017 (-5.73%).
Daily closes in 2017 varied with a standard deviation of 6.29% per session, and the peak-to-trough spread across the year was 12.4% ($16.38 to $18.42).
At the 2017 close of $17.06 per troy ounce, silver worked out at about $0.55 per gram and $548.49 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 74.1 through 2017 and finished the year near 76.6. A higher ratio means silver is cheap relative to gold.
Silver was around $15.94 per troy ounce twelve months before the end of 2017. Closing at $17.06 makes that a gain of 7.1% year on year.