Silver Price in 2012
In 2012, the price of silver averaged $31.15 per troy ounce, down 11.3% from the year before. This page covers the 2012 average, high, low, and year-end close, the events that moved the market, and what that silver would be worth in today's dollars.
2012 Average
$31.15
LBMA annual average, USD/oz
Change vs 2011
-11.3%
from $35.12 in 2011
2012 High
$37.51
from daily trading data
2012 Low
$26.14
from daily trading data
Year-End Close
$30.29
last trading day of 2012
What happened to the silver price in 2012
Silver averaged $31.15 per troy ounce in 2012, down 11.3% from $35.12 the year before. Daily trading data shows silver moved between a low of $26.14 and a high of $37.51 during the year, ending 2012 at $30.29.
The 2010s began with a spectacular run to $49.51 in April 2011, just shy of the 1980 record, before a long grind lower through mid-decade as the Fed tightened policy and the dollar strengthened.
Adjusted for inflation, silver's 2012 average of $31.15 equals about $44 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 2012?
What is a 2012 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.