Silver Price OutlookSilver prices have continued to stage a comeback in recent weeks, moving further clear of March’s multi-year low, likely on a more supportive demand outlook. Silver traded at USD 16.6 per troy ounce on 15 May, which was 7.8% higher than on the same day last month. The price was down 7.3% on a year-to-date basis but was 12.2% higher than on the same day a year prior. The gradual lifting of lockdown measures around the world, in particular in European countries and the U.S., has brightened the industrial demand picture somewhat over the last month. Moreover, stimulus measures and rock-bottom interest rates have provided further support, by encouraging investors to hold non-yielding assets. Moreover, the historically high disparity between gold and silver prices likely further boosted demand for silver.
Silver Price History Data (USD per troy ounce, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Silver Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.