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Silver Price in 1982

The silver price rose 33.3% in 1982, from $8.15 at the end of 1981 to $10.87. Its highest close was $11.11 on Dec 29, and its lowest $4.90 on Jun 21. The biggest one-day fall was −6.3% on Aug 31 and the biggest rise +13.7% on Sep 3. Adjusted for inflation, it gained 28.4%.

Change in 1982
+33.3%
$8.15 → $10.87
High
$11.11
Dec 29
Low
$4.90
Jun 21
After inflation
+28.4%
US CPI
Up days
118 of 252
longest run 6 up, 6 down
Below record
-78.0%
at the end of 1982

Silver Price, daily closes 1982

Numbers mark the events below
$5$8$11JanFebMarAprMayJunJulAugSepOctNovDec1Jun 21: Bear market low: $4.90, 56.4% below the peak.2Aug 13: Mexico encounters serious problems servicing its foreign debt, marking the onset of the debt crisis.3Aug 31: Biggest one-day fall of the year: −6.3%.4Sep 3: Biggest one-day rise of the year: +13.7%.

Key Events in 1982

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

  1. 1
    Monday, June 21 From the data
    Bear market low: $4.90, 56.4% below the peak.
  2. 2
    Friday, August 13
    Mexico encounters serious problems servicing its foreign debt, marking the onset of the debt crisis. Source
    Silver: +2.2% that day · +40.5% a month later
  3. 3
    Tuesday, August 31 From the data
    Biggest one-day fall of the year: −6.3%.
  4. 4
    Friday, September 3 From the data
    Biggest one-day rise of the year: +13.7%.

Biggest days of 1982

Best daysWorst days
Sep 3+13.7%Aug 31−6.3%
Jul 21+9.9%Sep 10−6.2%
Aug 18+9.7%Sep 8−6.1%
Jul 9+8.8%Jul 7−5.6%
Aug 20+7.0%Jun 15−5.2%

Volatility: 46.0% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$8.28+1.5%$8.28$7.72
Feb$7.84−5.3%$8.66$7.84
Mar$7.06−9.9%$7.93$6.96
Apr$7.060.0%$7.61$7.02
May$6.36−10.0%$6.90$6.36
Jun$5.73−9.8%$6.10$4.90
Jul$6.64+15.8%$7.21$5.53
Aug$7.73+16.5%$8.25$6.24
Sep$8.19+6.0%$9.45$7.69
Oct$9.87+20.5%$10.46$7.98
Nov$9.54−3.3%$10.58$9.01
Dec$10.87+13.9%$11.11$10.13

Other Markets in 1982

Change over the calendar year.

MarketChangeYear-end
Silver Price+33.3%$10.87
Dow Jones Industrial Average in 1982+19.6%1,046.54
S&P 500 in 1982+14.8%140.64
Nasdaq Composite in 1982+18.7%232.41
Gold in 1982+14.9%$456.90
US 10-year Treasury yield in 1982−3.62 pp10.36%
1980198119821983198419851986198719881989

Silver Price in 1982: FAQ

How much did the silver price rise in 1982?

The silver price rose 33.3% in 1982, from $8.15 at the end of 1981 to $10.87. Its highest close was $11.11 on Dec 29, and its lowest $4.90 on Jun 21. The biggest one-day fall was −6.3% on Aug 31 and the biggest rise +13.7% on Sep 3. Adjusted for inflation, it gained 28.4%.

What were the highest and lowest closes of the silver price in 1982?

Highest: $11.11 on December 29, 1982. Lowest: $4.90 on June 21, 1982. It closed higher on 118 of 252 trading days.

What happened to the silver price on August 13, 1982?

Mexico encounters serious problems servicing its foreign debt, marking the onset of the debt crisis. The silver price rose 2.2% that day, and was +40.5% 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.