Silver Price in 1983
In 1983, the LBMA silver price fell 35.5% — from $13.82 at the start of the year to $8.91 by year-end. It reached a high of $13.82 in January and a low of $8.74 in October, averaging $11.33 for the year.
1983 silver price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $13.82 | $13.82 (January) | $8.74 (October) | $8.91 | $11.33 |
| GBP | £9.02 | £9.02 (January) | £5.84 (October) | £6.14 | £7.47 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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