Silver Price in 1989
In 1989, the LBMA silver price fell 10.8% — from $5.85 at the start of the year to $5.22 by year-end. It reached a high of $5.86 in February and a low of $5.07 in August, averaging $5.42 for the year.
1989 silver price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $5.85 | $5.86 (February) | $5.07 (August) | $5.22 | $5.42 |
| GBP | £3.32 | £3.55 (November) | £3.09 (July) | £3.24 | £3.32 |
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.