Silver Price in 2001
In 2001, the price of silver averaged $4.37 per troy ounce, down 11.7% from the year before. This page covers the 2001 average, high, low, and year-end close, the events that moved the market, and what that silver would be worth in today's dollars.
2001 Average
$4.37
LBMA annual average, USD/oz
Change vs 2000
-11.7%
from $4.95 in 2000
2001 High
$4.92
from daily trading data
2001 Low
$4.05
from daily trading data
Year-End Close
$4.61
last trading day of 2001
Silver Price Chart, 1991 to 2011
Silver Price by Month in 2001
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 2001 | $4.67 | $4.92 | $4.47 |
| February 2001 | $4.54 | $4.81 | $4.39 |
| March 2001 | $4.38 | $4.57 | $4.29 |
| April 2001 | $4.37 | $4.52 | $4.28 |
| May 2001 | $4.42 | $4.69 | $4.20 |
| June 2001 | $4.36 | $4.53 | $4.29 |
| July 2001 | $4.24 | $4.39 | $4.20 |
| August 2001 | $4.20 | $4.29 | $4.13 |
| September 2001 | $4.38 | $4.74 | $4.14 |
| October 2001 | $4.38 | $4.69 | $4.19 |
| November 2001 | $4.11 | $4.28 | $4.05 |
| December 2001 | $4.38 | $4.67 | $4.14 |
What happened to the silver price in 2001
Silver averaged $4.37 per troy ounce in 2001, down 11.7% from $4.95 the year before. Daily trading data shows silver moved between a low of $4.05 and a high of $4.92 during the year, ending 2001 at $4.61. The notable development of 2001: 9/11 attacks; recession.
The 2000s revived silver as an investment asset. The launch of the SLV exchange-traded fund in 2006 opened the metal to mainstream portfolios, and the financial crisis at the end of the decade rekindled safe-haven demand.
Adjusted for inflation, silver's 2001 average of $4.37 equals about $7.95 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 2001?
What is a 2001 silver price worth in today's dollars?
What moved the silver price in 2001?
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.