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Silver Price in 1975

The silver price fell 6.6% in 1975, from $4.47 at the end of 1974 to $4.18. Its highest close was $5.21 on Aug 8, and its lowest $3.93 on Dec 9. The biggest one-day fall was −4.5% on Aug 11 and the biggest rise +7.0% on Jan 24. Adjusted for inflation, it lost 12.6%.

Change in 1975
−6.6%
$4.47 → $4.18
High
$5.21
Aug 8
Low
$3.93
Dec 9
After inflation
−12.6%
US CPI
Up days
114 of 254
longest run 5 up, 6 down
Below record
-38.2%
at the end of 1975

Silver Price, daily closes 1975

Numbers mark the events below
$4$5$5JanFebMarAprMayJunJulAugSepOctNovDec1Jan 6: US Treasury auctions 2 million ounces of gold.2Jan 20: Enters a bear market: 20% below its peak of $5.15 (October 28, 1974).3Jan 23: Bear market low: $3.99, 22.5% below the peak.4Jan 24: Biggest one-day rise of the year: +7.0%.5Aug 7: Back above its pre-bear-market peak of $5.15 (October 28, 1974).6Aug 11: Biggest one-day fall of the year: −4.5%.7Dec 1: Enters a bear market: 20% below its peak of $5.21 (August 8, 1975).

Key Events in 1975

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

  1. 1
    Monday, January 6
    US Treasury auctions 2 million ounces of gold. Source
    Silver: −2.9% that day · −5.0% a month later
  2. 2
    Monday, January 20 From the data
    Enters a bear market: 20% below its peak of $5.15 (October 28, 1974).
  3. 3
    Thursday, January 23 From the data
    Bear market low: $3.99, 22.5% below the peak.
  4. 4
    Friday, January 24 From the data
    Biggest one-day rise of the year: +7.0%.
  5. 5
    Thursday, August 7 From the data
    Back above its pre-bear-market peak of $5.15 (October 28, 1974).
  6. 6
    Monday, August 11 From the data
    Biggest one-day fall of the year: −4.5%.
  7. 7
    Monday, December 1 From the data
    Enters a bear market: 20% below its peak of $5.21 (August 8, 1975).

Biggest days of 1975

Best daysWorst days
Jan 24+7.0%Aug 11−4.5%
Jul 29+5.7%Jan 20−3.9%
Jan 13+5.6%Jan 31−3.9%
Feb 19+5.2%Aug 27−3.7%
May 22+4.0%Jan 16−3.5%

Volatility: 28.3% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$4.15−7.2%$4.45$3.99
Feb$4.42+6.6%$4.68$4.11
Mar$4.28−3.3%$4.50$4.24
Apr$4.43+3.5%$4.43$4.09
May$4.53+2.3%$4.74$4.30
Jun$4.57+0.9%$4.58$4.41
Jul$5.00+9.5%$5.14$4.51
Aug$4.63−7.4%$5.21$4.63
Sep$4.44−4.2%$4.58$4.39
Oct$4.19−5.7%$4.55$4.18
Nov$4.23+1.0%$4.45$4.20
Dec$4.18−1.1%$4.25$3.93

Other Markets in 1975

Change over the calendar year.

MarketChangeYear-end
Silver Price−6.6%$4.18
Dow Jones Industrial Average in 1975+38.3%852.41
S&P 500 in 1975+31.5%90.19
Nasdaq Composite in 1975+29.8%77.62
Gold in 1975−24.8%$140.25
US 10-year Treasury yield in 1975+0.36 pp7.76%
1970197119721973197419751976197719781979

Silver Price in 1975: FAQ

How much did the silver price fall in 1975?

The silver price fell 6.6% in 1975, from $4.47 at the end of 1974 to $4.18. Its highest close was $5.21 on Aug 8, and its lowest $3.93 on Dec 9. The biggest one-day fall was −4.5% on Aug 11 and the biggest rise +7.0% on Jan 24. Adjusted for inflation, it lost 12.6%.

What were the highest and lowest closes of the silver price in 1975?

Highest: $5.21 on August 8, 1975. Lowest: $3.93 on December 9, 1975. It closed higher on 114 of 254 trading days.

What happened to the silver price on January 6, 1975?

US Treasury auctions 2 million ounces of gold. The silver price fell 2.9% that day, and was −5.0% 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.