Silver Price in 2018
In 2018, the price of silver averaged $15.71 per troy ounce, down 7.9% from the year before. This page covers the 2018 average, high, low, and year-end close, the events that moved the market, and what that silver would be worth in today's dollars.
2018 Average
$15.71
LBMA annual average, USD/oz
Change vs 2017
-7.9%
from $17.05 in 2017
2018 High
$17.70
from daily trading data
2018 Low
$13.90
from daily trading data
Year-End Close
$15.50
last trading day of 2018
Silver Price Chart, 2005 to 2025
Silver Price by Month in 2018
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 2018 | $17.16 | $17.70 | $16.75 |
| February 2018 | $16.61 | $17.40 | $16.19 |
| March 2018 | $16.48 | $16.87 | $16.12 |
| April 2018 | $16.63 | $17.36 | $16.19 |
| May 2018 | $16.47 | $16.83 | $16.06 |
| June 2018 | $16.51 | $17.32 | $15.92 |
| July 2018 | $15.72 | $16.22 | $15.18 |
| August 2018 | $14.96 | $15.56 | $14.34 |
| September 2018 | $14.26 | $14.72 | $13.94 |
| October 2018 | $14.56 | $14.91 | $14.24 |
| November 2018 | $14.36 | $14.91 | $13.90 |
| December 2018 | $14.75 | $15.51 | $14.18 |
What happened to the silver price in 2018
Silver averaged $15.71 per troy ounce in 2018, down 7.9% from $17.05 the year before. Daily trading data shows silver moved between a low of $13.90 and a high of $17.70 during the year, ending 2018 at $15.50. The notable development of 2018: Trade war; rate hikes.
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 2018 average of $15.71 equals about $20 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 2018?
What is a 2018 silver price worth in today's dollars?
What moved the silver price in 2018?
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.