Silver Price in 1993
In 1993, the price of silver averaged $4.30 per troy ounce, up 9.1% from the year before. This page covers the 1993 average, high, low, and year-end close, the events that moved the market, and what that silver would be worth in today's dollars.
1993 Average
$4.30
LBMA annual average, USD/oz
Change vs 1992
+9.1%
from $3.94 in 1992
1993 High
$5.46
from daily trading data
1993 Low
$3.54
from daily trading data
Year-End Close
$5.09
last trading day of 1993
What happened to the silver price in 1993
Silver averaged $4.30 per troy ounce in 1993, up 9.1% from $3.94 the year before. Daily trading data shows silver moved between a low of $3.54 and a high of $5.46 during the year, ending 1993 at $5.09.
The 1990s were silver's quietest decade. Prices spent most of it between $4 and $6 per ounce, and the most notable event was Warren Buffett's 1997 purchase of roughly 130 million ounces through Berkshire Hathaway.
Adjusted for inflation, silver's 1993 average of $4.30 equals about $9.59 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 1993?
What is a 1993 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.