Price history · 1998
Silver price in 1998
Among 12 monthly observations available for 1998, the sampled silver price fell 17.2% between 1998-01-30 ($6.05) and 1998-12-31 ($5.01). The highest sampled price was $6.37 in February and the lowest was $4.79 in August. The mean of these observations was $5.50. This is a first-to-last observation change, not a calendar-year return.
The highest daily silver price in 1998 was $7.81 on February 6, 1998; the lowest was $4.69 on December 3, 1998. Daily benchmark prices; the chart below uses one observation per month, and intraday highs can be higher.
1998 silver price summary
| Currency | First observation | High | Low | Last observation | Mean |
|---|---|---|---|---|---|
| USD | $6.05 (1998-01-30) | $6.37 (February) | $4.79 (August) | $5.01 (1998-12-31) | $5.50 |
| GBP | £3.69 (1998-01-30) | £3.87 (February) | £2.90 (August) | £3.01 (1998-12-31) | £3.31 |
One observation per month, per troy ounce: computed from the monthly series, not daily highs, lows or a daily average. The current year may be incomplete. EUR begins 1999.
For today's silver price, see the live spot price page and today's market news, or shop silver bullion at Bullion Trading LLC. Buying? See premiums over spot and current deals. Selling? See what we pay today.
Sources: LBMA precious metal prices through 2026-09-28 (shown as charts, summaries only; we don't publish daily LBMA price tables); Bullion Trading LLC weekday spot closes afterward. Latest observation for this metal: 2026-11-03; the current month is provisional. Prepared by the Bullion Trading LLC editorial team.