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Silver Price in 1996

The silver price fell 7.0% in 1996, from $5.13 at the end of 1995 to $4.77. Its highest close was $5.82 on Feb 2, and its lowest $4.70 on Dec 2. The biggest one-day fall was −3.5% on Apr 16 and the biggest rise +4.9% on Jan 2. Adjusted for inflation, it lost 10.0%.

Change in 1996
−7.0%
$5.13 → $4.77
High
$5.82
Feb 2
Low
$4.70
Dec 2
After inflation
−10.0%
US CPI
Up days
120 of 255
longest run 4 up, 5 down
Below record
-90.4%
at the end of 1996

Silver Price, daily closes 1996

Numbers mark the events below
$5$5$6JanFebMarAprMayJunJulAugSepOctNovDec1Jan 2: Biggest one-day rise of the year: +4.9%.2Apr 16: Biggest one-day fall of the year: −3.5%.3Sep 20: Enters a bear market: 20% below its peak of $6.10 (May 4, 1995).

Key Events in 1996

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

  1. 1
    Tuesday, January 2 From the data
    Biggest one-day rise of the year: +4.9%.
  2. 2
    Tuesday, April 16 From the data
    Biggest one-day fall of the year: −3.5%.
  3. 3
    Friday, September 20 From the data
    Enters a bear market: 20% below its peak of $6.10 (May 4, 1995).

Biggest days of 1996

Best daysWorst days
Jan 2+4.9%Apr 16−3.5%
Feb 1+3.8%Jun 4−3.2%
Jan 5+2.8%Feb 21−3.2%
Jan 22+2.6%Sep 19−3.2%
Jun 14+2.6%Mar 28−2.6%

Volatility: 16.6% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$5.57+8.6%$5.59$5.36
Feb$5.53−0.7%$5.82$5.45
Mar$5.530.0%$5.70$5.37
Apr$5.33−3.6%$5.56$5.27
May$5.32−0.2%$5.48$5.28
Jun$5.03−5.5%$5.38$5.02
Jul$5.11+1.6%$5.13$4.98
Aug$5.15+0.8%$5.26$5.03
Sep$4.86−5.6%$5.18$4.86
Oct$4.80−1.2%$5.05$4.80
Nov$4.73−1.5%$4.94$4.72
Dec$4.77+0.8%$4.89$4.70

Other Markets in 1996

Change over the calendar year.

MarketChangeYear-end
Silver Price−7.0%$4.77
Dow Jones Industrial Average in 1996+26.0%6,448.26
S&P 500 in 1996+20.3%740.74
Nasdaq Composite in 1996+22.7%1,291.03
Russell 2000 in 1996+14.8%362.61
Nikkei 225 in 1996−2.6%19,361.00
Gold in 1996−4.6%$369.25
WTI crude oil in 1996+32.5%$25.90
Brent crude oil in 1996+28.2%$23.90
US 10-year Treasury yield in 1996+0.85 pp6.43%
1990199119921993199419951996199719981999

Silver Price in 1996: FAQ

How much did the silver price fall in 1996?

The silver price fell 7.0% in 1996, from $5.13 at the end of 1995 to $4.77. Its highest close was $5.82 on Feb 2, and its lowest $4.70 on Dec 2. The biggest one-day fall was −3.5% on Apr 16 and the biggest rise +4.9% on Jan 2. Adjusted for inflation, it lost 10.0%.

What were the highest and lowest closes of the silver price in 1996?

Highest: $5.82 on February 2, 1996. Lowest: $4.70 on December 2, 1996. It closed higher on 120 of 255 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.