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Silver Price in 2009

In 2009, the price of silver averaged $14.67 per troy ounce, down 2.1% from the year before. This page covers the 2009 average, high, low, and year-end close, the events that moved the market, and what that silver would be worth in today's dollars.

2009 Average

$14.67

LBMA annual average, USD/oz

Change vs 2008

-2.1%

from $14.99 in 2008

2009 High

$19.47

from daily trading data

2009 Low

$10.35

from daily trading data

Year-End Close

$16.87

last trading day of 2009

What happened to the silver price in 2009

Silver averaged $14.67 per troy ounce in 2009, down 2.1% from $14.99 the year before. Daily trading data shows silver moved between a low of $10.35 and a high of $19.47 during the year, ending 2009 at $16.87. The notable development of 2009: Fed expands QE1.

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 2009 average of $14.67 equals about $22 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 2009?
Silver averaged $14.67 per troy ounce in 2009, based on LBMA annual average data. Daily prices ranged from a low of $10.35 to a high of $19.47, and the year closed at $16.87. That average was down 2.1% from $14.99 in 2008.
What is a 2009 silver price worth in today's dollars?
Adjusted with the US Consumer Price Index, silver's 2009 average of $14.67 works out to roughly $22 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 2009?
The defining story of 2009: Fed expands QE1. Against that backdrop, the annual average fell 2.1%, from $14.99 in 2008 to $14.67.

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.