Silver Price in 1969

The silver price fell 8.0% in 1969, from $1.95 at the end of 1968 to $1.79. Its highest close was $2.04 on Jan 10, and its lowest $1.56 on Jun 27. The biggest one-day fall was −5.1% on Jun 17 and the biggest rise +4.8% on Feb 17. Adjusted for inflation, it lost 13.4%.

Change in 1969

−8.0%

$1.95 → $1.79

High

$2.04

Jan 10

Low

$1.56

Jun 27

After inflation

−13.4%

US CPI

Up days

119 of 254

longest run 6 up, 5 down

Below record

-30.5%

at the end of 1969

Silver Price, daily closes 1969

Numbers mark the events below

Key Events in 1969

What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.

1
Monday, February 17 From the data

Biggest one-day rise of the year: +4.8%.
2
Tuesday, June 17 From the data

Biggest one-day fall of the year: −5.1%.
3
Friday, June 27 From the data

Bear market low: $1.56, 39.5% below the peak.
4
Monday, July 28

IMF First Amendment creating the Special Drawing Right (SDR) takes effect. Source

Silver: +0.5% that day · +1.8% a month later

Biggest days of 1969

Best days		Worst days
Feb 17	+4.8%	Jun 17	−5.1%
Aug 11	+4.1%	Jun 23	−3.8%
Mar 5	+3.6%	Feb 14	−3.4%
Oct 27	+2.9%	Feb 6	−3.1%
May 7	+2.8%	Dec 10	−3.0%

Volatility: 21.6% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	$2.00	+2.8%	$2.04	$1.96
Feb	$1.83	−8.8%	$1.99	$1.77
Mar	$1.83	0.0%	$1.93	$1.80
Apr	$1.78	−2.7%	$1.84	$1.77
May	$1.77	−0.2%	$1.85	$1.75
Jun	$1.56	−11.7%	$1.77	$1.56
Jul	$1.63	+4.2%	$1.68	$1.57
Aug	$1.67	+2.8%	$1.71	$1.60
Sep	$1.88	+12.1%	$1.89	$1.69
Oct	$1.95	+3.8%	$1.95	$1.81
Nov	$1.89	−3.1%	$2.00	$1.87
Dec	$1.79	−5.1%	$1.92	$1.72

Other Markets in 1969

Change over the calendar year.

Market	Change	Year-end
Silver Price	−8.0%	$1.79
Dow Jones Industrial Average in 1969	−15.2%	800.36
S&P 500 in 1969	−11.4%	92.06
Gold in 1969	−16.0%	$35.20
US 10-year Treasury yield in 1969	+1.72 pp	7.88%

1968 1969

Silver Price in 1969: FAQ

How much did the silver price fall in 1969?

What were the highest and lowest closes of the silver price in 1969?

Highest: $2.04 on January 10, 1969. Lowest: $1.56 on June 27, 1969. It closed higher on 119 of 254 trading days.

What happened to the silver price on July 28, 1969?

IMF First Amendment creating the Special Drawing Right (SDR) takes effect. The silver price rose 0.5% that day, and was +1.8% a month later.

Data: London silver fix from 1968 to Jan 2018 (gaps filled with Perth Mint spot), COMEX silver futures closes after that. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.