Silver Price in 1990
The silver price fell 19.6% in 1990, from $5.22 at the end of 1989 to $4.19. Its highest close was $5.36 on Feb 20, and its lowest $3.95 on Dec 17. The biggest one-day fall was −5.2% on Oct 11 and the biggest rise +3.3% on Dec 20. Adjusted for inflation, it lost 24.3%.
Silver Price, daily closes 1990
Numbers mark the events belowKey Events in 1990
What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, August 2Iraq invades Kuwait, beginning the Gulf crisis. SourceSilver: +2.5% that day · +0.4% a month later
- 2
Thursday, October 11 From the dataBiggest one-day fall of the year: −5.2%.
- 3
Thursday, November 29UN Security Council Resolution 678 sets a 15 January 1991 deadline for Iraq to leave Kuwait. SourceSilver: +0.4% that day · +1.9% a month later
- 4
Thursday, December 20 From the dataBiggest one-day rise of the year: +3.3%.
Biggest days of 1990
| Best days | Worst days | ||
|---|---|---|---|
| Dec 20 | +3.3% | Oct 11 | −5.2% |
| Aug 13 | +2.9% | Aug 28 | −4.2% |
| Aug 17 | +2.9% | Oct 29 | −3.6% |
| Apr 5 | +2.7% | Oct 12 | −3.1% |
| Aug 2 | +2.5% | Mar 26 | −2.6% |
Volatility: 17.4% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $5.21 | −0.2% |
| Feb | $5.12 | −1.6% |
| Mar | $4.97 | −3.0% |
| Apr | $4.94 | −0.6% |
| May | $5.07 | +2.7% |
| Jun | $4.84 | −4.5% |
| Jul | $4.86 | +0.3% |
| Aug | $4.83 | −0.5% |
| Sep | $4.80 | −0.7% |
| Oct | $4.22 | −11.9% |
| Nov | $4.09 | −3.2% |
| Dec | $4.19 | +2.6% |
Other Markets in 1990
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Silver Price | −19.6% | $4.19 |
| Dow Jones Industrial Average in 1990 | −4.3% | 2,633.66 |
| S&P 500 in 1990 | −6.6% | 330.22 |
| Nasdaq Composite in 1990 | −17.8% | 373.80 |
| Russell 2000 in 1990 | −21.5% | 132.20 |
| Nikkei 225 in 1990 | −38.7% | 23,849.00 |
| Gold in 1990 | −3.1% | $386.20 |
| WTI crude oil in 1990 | +30.4% | $28.48 |
| Brent crude oil in 1990 | +34.7% | $28.35 |
| US 10-year Treasury yield in 1990 | +0.15 pp | 8.08% |
Silver Price in 1990: FAQ
How much did the silver price fall in 1990?
The silver price fell 19.6% in 1990, from $5.22 at the end of 1989 to $4.19. Its highest close was $5.36 on Feb 20, and its lowest $3.95 on Dec 17. The biggest one-day fall was −5.2% on Oct 11 and the biggest rise +3.3% on Dec 20. Adjusted for inflation, it lost 24.3%.
What were the highest and lowest closes of the silver price in 1990?
Highest: $5.36 on February 20, 1990. Lowest: $3.95 on December 17, 1990. It closed higher on 117 of 253 trading days.
What happened to the silver price on August 2, 1990?
Iraq invades Kuwait, beginning the Gulf crisis. The silver price rose 2.5% that day, and was +0.4% 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.