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
| Currency | Open (Jan) | High | Low | Close (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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