Silver Price in 1994
In 1994, the LBMA silver price fell 4.1% — from $5.06 at the start of the year to $4.85 by year-end. It reached a high of $5.74 in March and a low of $4.85 in December, averaging $5.30 for the year.
1994 silver price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $5.06 | $5.74 (March) | $4.85 (December) | $4.85 | $5.30 |
| GBP | £3.38 | £3.87 (March) | £3.10 (December) | £3.10 | £3.46 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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