Silver Price in 1996
In 1996, the LBMA silver price fell 13.1% — from $5.52 at the start of the year to $4.80 by year-end. It reached a high of $5.52 in February and a low of $4.74 in November, averaging $5.15 for the year.
1996 silver price summary
| Currency | Open (Jan) | High | Low | Close (Dec) | Average |
|---|---|---|---|---|---|
| USD | $5.52 | $5.52 (February) | $4.74 (November) | $4.80 | $5.15 |
| GBP | £3.66 | £3.66 (January) | £2.82 (November) | £2.82 | £3.29 |
Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.
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