Silver Price in 1999

In 1999, the price of silver averaged $5.22 per troy ounce, down 5.8% from the year before. This page covers the 1999 average, high, low, and year-end close, the events that moved the market, and what that silver would be worth in today's dollars.

1999 Average

$5.22

LBMA annual average, USD/oz

Change vs 1998

-5.8%

from $5.54 in 1998

What happened to the silver price in 1999

Silver averaged $5.22 per troy ounce in 1999, down 5.8% from $5.54 the year before. The notable development of 1999: Tech bubble diverts investment.

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 1999 average of $5.22 equals about $10 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 1999?

Silver averaged $5.22 per troy ounce in 1999, based on LBMA annual average data. That average was down 5.8% from $5.54 in 1998.

What is a 1999 silver price worth in today's dollars?

Adjusted with the US Consumer Price Index, silver's 1999 average of $5.22 works out to roughly $10 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.

What moved the silver price in 1999?

The defining story of 1999: Tech bubble diverts investment. Against that backdrop, the annual average fell 5.8%, from $5.54 in 1998 to $5.22.

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.