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, the events that moved the market, 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
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?
What is a 1976 silver price worth in today's dollars?
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.