Silver Price in 1987

In 1987, the LBMA silver price rose 20.8% — from $5.55 at the start of the year to $6.70 by year-end. It reached a high of $8.32 in July and a low of $5.47 in February, averaging $7.05 for the year.

1987 silver price summary

CurrencyOpen (Jan)HighLowClose (Dec)Average
USD $5.55 $8.32 (July) $5.47 (February) $6.70 $7.05
GBP £3.63 £5.22 (July) £3.54 (February) £3.58 £4.27

Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.

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