Silver Price in 1976

In 1976, the price of silver averaged $4.35 per troy ounce, down 1.6% from the year before. This page covers the 1976 average, high, low, and year-end close, and what that silver would be worth in today's dollars.

1976 Average

$4.35

LBMA annual average, USD/oz

Change vs 1975

-1.6%

from $4.42 in 1975

1976 High

$5.10

from daily trading data

1976 Low

$3.82

from daily trading data

Year-End Close

$4.38

last trading day of 1976

Silver Price Chart, 1970 to 1990

Annual average silver price per troy ounce, 1970 to 1990, with 1976 marked.

Silver Price by Month in 1976

Each month's average of daily closing prices, with its high and low, per troy ounce. These come from MetalCharts daily spot data, so they can differ slightly from the annual average above, which is based on LBMA annual average data.

Month	Average	High	Low
January 1976	$4.07	$4.33	$3.82
February 1976	$4.09	$4.23	$3.92
March 1976	$4.19	$4.30	$4.05
April 1976	$4.36	$4.57	$4.07
May 1976	$4.49	$4.66	$4.35
June 1976	$4.81	$4.95	$4.66
July 1976	$4.77	$5.10	$4.46
August 1976	$4.24	$4.43	$4.05
September 1976	$4.30	$4.42	$4.14
October 1976	$4.22	$4.36	$4.14
November 1976	$4.37	$4.53	$4.23
December 1976	$4.35	$4.40	$4.29

What happened to the silver price in 1976

Silver averaged $4.35 per troy ounce in 1976, essentially unchanged from $4.42 in 1975. Daily trading data shows silver moved between a low of $3.82 and a high of $5.10 during the year, ending 1976 at $4.38.

The 1970s transformed silver from a demonetized coinage metal into one of the hottest inflation trades of the era. Prices climbed from under $2 per ounce early in the decade to double digits by 1979 as the Hunt brothers built enormous positions.

Adjusted for inflation, silver's 1976 average of $4.35 equals about $25 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of silver in 1976?

Silver averaged $4.35 per troy ounce in 1976, based on LBMA annual average data. Daily prices ranged from a low of $3.82 to a high of $5.10, and the year closed at $4.38. That average was down 1.6% from $4.42 in 1975.

What is a 1976 silver price worth in today's dollars?

Adjusted with the US Consumer Price Index, silver's 1976 average of $4.35 works out to roughly $25 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Annual averages are LBMA prices per troy ounce in US dollars. Where shown, the yearly high, low, and close come from MetalCharts daily historical data and may differ slightly from figures published elsewhere. Inflation adjustments use BLS CPI-U annual averages.