Silver Price in 1988
In 1988, the LBMA silver price fell 7.6% — from $6.55 at the start of the year to $6.05 by year-end. It reached a high of $6.80 in July and a low of $6.05 in December, averaging $6.42 for the year.
1988 silver price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $6.55 | $6.80 (July) | $6.05 (December) | $6.05 | $6.42 |
| GBP | £3.70 | £3.98 (July) | £3.28 (November) | £3.34 | £3.61 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
See today's live silver price on the Bullion Trading LLC spot dashboard, or shop silver bullion at live, spot-based prices.