Silver Price in 1974
In 1974, the LBMA silver price rose 15.7% — from $3.87 at the start of the year to $4.47 by year-end. It reached a high of $5.69 in February and a low of $3.87 in January, averaging $4.75 for the year.
1974 silver price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $3.87 | $5.69 (February) | $3.87 (January) | $4.47 | $4.75 |
| GBP | £1.71 | £2.47 (February) | £1.71 (January) | £1.90 | £2.02 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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