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Silver ranged between $14.09 and $17.20 per troy ounce during 2018, averaging $15.51 across 10 trading days. It finished the period at $15.43, down 9.54% from $17.06.
The strongest session of 2018 was 1 December 2018 at +9.50%, and the weakest 1 August 2018 at -10.35%.
Twelve months earlier silver traded around $17.06, making this a -9.54% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 January 2018 | $17.20 | +$0.144 |
| 1 February 2018 | $16.32 | −$0.880 |
| 1 March 2018 | $16.22 | −$0.101 |
| 1 May 2018 | $16.40 | +$0.179 |
| 1 June 2018 | $16.10 | −$0.298 |
| 1 August 2018 | $14.44 | −$1.666 |
| 1 September 2018 | $14.62 | +$0.185 |
| 1 October 2018 | $14.23 | −$0.394 |
| 1 November 2018 | $14.09 | −$0.135 |
| 1 December 2018 | $15.43 | +$1.339 |
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 2018 at $15.43 per troy ounce, having fallen $1.63 (9.54%) over the year. It has traded between $14.09 and $17.20 across 10 trading days.
The average silver closing price in 2018 was $15.51 per troy ounce, calculated across all 10 trading days in the year.
Silver reached its highest close of 2018 at $17.20 per troy ounce on 1 January 2018.
The lowest silver close in 2018 was $14.09 per troy ounce on 1 November 2018.
Silver fell during 2018. It entered the year at $17.06 and closed at $15.43, a change of -9.54%.
Silver closed higher on 4 sessions and lower on 6 during 2018. The strongest session was 1 December 2018 (+9.50%) and the weakest 1 August 2018 (-10.35%).
Daily closes in 2018 varied with a standard deviation of 5.07% per session, and the peak-to-trough spread across the year was 22.1% ($14.09 to $17.20).
At the 2018 close of $15.43 per troy ounce, silver worked out at about $0.50 per gram and $496.18 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 81.6 through 2018 and finished the year near 82.8. A higher ratio means silver is cheap relative to gold.
Silver was around $17.06 per troy ounce twelve months before the end of 2018. Closing at $15.43 makes that a decline of 9.5% year on year.