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Silver ranged between $22.67 and $34.83 per troy ounce during 2024, averaging $30.29 across 113 trading days. It finished the period at $28.94, up 21.33% from $23.85.
The strongest session of 2024 was 1 May 2024 at +14.80%, and the weakest 1 November 2024 at -6.03%.
Twelve months earlier silver traded around $23.85, making this a +21.33% move year on year.
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 2024 at $28.94 per troy ounce, having risen $5.09 (21.33%) over the year. It has traded between $22.67 and $34.83 across 113 trading days.
The average silver closing price in 2024 was $30.29 per troy ounce, calculated across all 113 trading days in the year.
Silver reached its highest close of 2024 at $34.83 per troy ounce on 22 October 2024.
The lowest silver close in 2024 was $22.67 per troy ounce on 1 February 2024.
Silver rose during 2024. It entered the year at $23.85 and closed at $28.94, a change of 21.33%.
Silver closed higher on 57 sessions and lower on 56 during 2024. The strongest session was 1 May 2024 (+14.80%) and the weakest 1 November 2024 (-6.03%).
Daily closes in 2024 varied with a standard deviation of 2.79% per session, and the peak-to-trough spread across the year was 53.7% ($22.67 to $34.83).
At the 2024 close of $28.94 per troy ounce, silver worked out at about $0.93 per gram and $930.44 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 85.4 through 2024 and finished the year near 90.9. A higher ratio means silver is cheap relative to gold.
Silver was around $23.85 per troy ounce twelve months before the end of 2024. Closing at $28.94 makes that a gain of 21.3% year on year.