Silver Price in 1977
The silver price rose 9.2% in 1977, from $4.36 at the end of 1976 to $4.76. Its highest close was $4.98 on Mar 25, and its lowest $4.31 on Jan 11. The biggest one-day fall was −2.4% on Apr 6 and the biggest rise +3.0% on Feb 28. Adjusted for inflation, it gained 2.3%.
Silver Price, daily closes 1977
Numbers mark the events belowKey Events in 1977
What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.
- 1
Monday, February 28 From the dataBiggest one-day rise of the year: +3.0%.
- 2
Wednesday, April 6 From the dataBiggest one-day fall of the year: −2.4%.
Biggest days of 1977
| Best days | Worst days | ||
|---|---|---|---|
| Feb 28 | +3.0% | Apr 6 | −2.4% |
| Mar 7 | +2.4% | Jun 9 | −2.4% |
| Feb 24 | +2.4% | Nov 15 | −2.3% |
| Nov 9 | +1.9% | Mar 29 | −2.3% |
| Mar 2 | +1.7% | Jul 4 | −2.1% |
Volatility: 14.8% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $4.45 | +2.1% |
| Feb | $4.73 | +6.5% |
| Mar | $4.83 | +2.0% |
| Apr | $4.71 | −2.4% |
| May | $4.56 | −3.2% |
| Jun | $4.51 | −1.2% |
| Jul | $4.52 | +0.3% |
| Aug | $4.45 | −1.6% |
| Sep | $4.65 | +4.4% |
| Oct | $4.85 | +4.5% |
| Nov | $4.74 | −2.3% |
| Dec | $4.76 | +0.3% |
Other Markets in 1977
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Silver Price | +9.2% | $4.76 |
| Dow Jones Industrial Average in 1977 | −17.3% | 831.17 |
| S&P 500 in 1977 | −11.5% | 95.10 |
| Nasdaq Composite in 1977 | +7.3% | 105.05 |
| Gold in 1977 | +22.6% | $164.95 |
| US 10-year Treasury yield in 1977 | +0.97 pp | 7.78% |
Silver Price in 1977: FAQ
How much did the silver price rise in 1977?
The silver price rose 9.2% in 1977, from $4.36 at the end of 1976 to $4.76. Its highest close was $4.98 on Mar 25, and its lowest $4.31 on Jan 11. The biggest one-day fall was −2.4% on Apr 6 and the biggest rise +3.0% on Feb 28. Adjusted for inflation, it gained 2.3%.
What were the highest and lowest closes of the silver price in 1977?
Highest: $4.98 on March 25, 1977. Lowest: $4.31 on January 11, 1977. It closed higher on 133 of 252 trading days.
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.