Silver Price in 2016

In 2016, the LBMA silver price rose 15.3% — from $14.08 at the start of the year to $16.24 by year-end. It reached a high of $20.04 in July and a low of $14.08 in January, averaging $17.11 for the year.

2016 silver price summary

CurrencyOpen (Jan)HighLowClose (Dec)Average
USD $14.08 $20.04 (July) $14.08 (January) $16.24 $17.11
GBP £9.84 £15.20 (July) £9.84 (January) £13.20 £12.80
EUR €12.90 €18.04 (July) €12.90 (January) €15.38 €15.50

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

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