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Silver Price in 2017

In 2017, the price of silver averaged $17.05 per troy ounce, down 0.5% from the year before. This page covers the 2017 average, high, low, and year-end close, and what that silver would be worth in today's dollars.

2017 Average

$17.05

LBMA annual average, USD/oz

Change vs 2016

-0.5%

from $17.14 in 2016

2017 High

$18.68

from daily trading data

2017 Low

$15.19

from daily trading data

Year-End Close

$16.94

last trading day of 2017

Silver Price Chart, 2005 to 2025

Annual average silver price per troy ounce, 2005 to 2025, with 2017 marked.

Silver Price by Month in 2017

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.

MonthAverageHighLow
January 2017$16.88$17.62$15.91
February 2017$17.92$18.49$17.27
March 2017$17.62$18.47$16.83
April 2017$18.04$18.68$17.17
May 2017$16.79$17.48$16.06
June 2017$16.94$17.75$16.27
July 2017$16.21$16.88$15.19
August 2017$16.96$17.67$16.13
September 2017$17.44$18.22$16.63
October 2017$16.95$17.47$16.34
November 2017$16.99$17.38$16.32
December 2017$16.19$17.11$15.62

What happened to the silver price in 2017

Silver averaged $17.05 per troy ounce in 2017, essentially unchanged from $17.14 in 2016. Daily trading data shows silver moved between a low of $15.19 and a high of $18.68 during the year, ending 2017 at $16.94.

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 2017 average of $17.05 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 2017?
Silver averaged $17.05 per troy ounce in 2017, based on LBMA annual average data. Daily prices ranged from a low of $15.19 to a high of $18.68, and the year closed at $16.94. That average was down 0.5% from $17.14 in 2016.
What is a 2017 silver price worth in today's dollars?
Adjusted with the US Consumer Price Index, silver's 2017 average of $17.05 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.

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.