Silver Price in 1972
In 1972, the LBMA silver price rose 35.5% — from $1.50 at the start of the year to $2.03 by year-end. It reached a high of $2.03 in December and a low of $1.47 in February, averaging $1.70 for the year.
1972 silver price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $1.50 | $2.03 (December) | $1.47 (February) | $2.03 | $1.70 |
| GBP | £0.58 | £0.87 (December) | £0.56 (February) | £0.87 | £0.69 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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