Silver Price in 2008

In 2008, the LBMA silver price fell 35.5% — from $16.74 at the start of the year to $10.79 by year-end. It reached a high of $19.62 in February and a low of $9.28 in October, averaging $14.98 for the year.

2008 silver price summary

CurrencyOpen (Jan)HighLowClose (Dec)Average
USD $16.74 $19.62 (February) $9.28 (October) $10.79 $14.98
GBP £8.40 £9.89 (February) £5.73 (October) £7.41 £8.03
EUR €11.25 €12.92 (February) €7.29 (October) €7.71 €10.06

Prices are the LBMA London fix per troy ounce, monthly close. EUR begins 1999.

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