Silver Price in 2006
The silver price rose 46.1% in 2006, from $8.83 at the end of 2005 to $12.90. Its highest close was $14.94 on May 12, and its lowest $8.83 on Jan 6. The biggest one-day fall was −14.8% on Apr 21 and the biggest rise +10.8% on May 2. Adjusted for inflation, it gained 42.5%.
Daily COMEX prices, the year in 12 currencies and festival prices: Silver Price in 2006 →
Silver Price, daily closes 2006
Numbers mark the events belowKey Events in 2006
What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, March 30 From the dataBack above its pre-bear-market peak of $10.93 (April 27, 1987).
- 2
Tuesday, April 18 From the dataBack above its pre-bear-market peak of $13.55 (May 31, 1983).
- 3
Friday, April 21 From the dataBiggest one-day fall of the year: −14.8%.
- 4
Friday, April 28iShares Silver Trust (SLV) begins trading. SourceSilver: +0.3% that day · +3.0% a month later
- 5
Tuesday, May 2 From the dataBiggest one-day rise of the year: +10.8%.
- 6
Friday, May 12 From the dataBack above its pre-bear-market peak of $14.67 (February 15, 1983).
- 7
Tuesday, June 6 From the dataEnters a bear market: 20% below its peak of $14.94 (May 12, 2006).
- 8
Wednesday, June 14 From the dataBear market low: $9.72, 34.9% below the peak.
Biggest days of 2006
| Best days | Worst days | ||
|---|---|---|---|
| May 2 | +10.8% | Apr 21 | −14.8% |
| Apr 18 | +8.2% | May 15 | −11.3% |
| May 23 | +5.8% | Jun 1 | −8.2% |
| Jul 3 | +5.4% | Jun 14 | −7.2% |
| Jul 20 | +5.3% | Sep 8 | −5.9% |
Volatility: 44.0% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $9.91 | +12.2% |
| Feb | $9.70 | −2.1% |
| Mar | $11.76 | +21.2% |
| Apr | $12.56 | +6.8% |
| May | $13.13 | +4.5% |
| Jun | $10.70 | −18.5% |
| Jul | $11.44 | +6.9% |
| Aug | $12.60 | +10.1% |
| Sep | $11.55 | −8.3% |
| Oct | $12.08 | +4.6% |
| Nov | $13.68 | +13.2% |
| Dec | $12.90 | −5.7% |
Other Markets in 2006
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Silver Price | +46.1% | $12.90 |
| Dow Jones Industrial Average in 2006 | +16.3% | 12,463.15 |
| S&P 500 in 2006 | +13.6% | 1,418.30 |
| Nasdaq Composite in 2006 | +9.5% | 2,415.29 |
| Russell 2000 in 2006 | +17.0% | 787.66 |
| Nikkei 225 in 2006 | +6.9% | 17,225.83 |
| Gold in 2006 | +23.2% | $632.00 |
| WTI crude oil in 2006 | −0.3% | $60.85 |
| Brent crude oil in 2006 | +1.1% | $58.96 |
| US 10-year Treasury yield in 2006 | +0.32 pp | 4.71% |
Silver Price in 2006: FAQ
How much did the silver price rise in 2006?
The silver price rose 46.1% in 2006, from $8.83 at the end of 2005 to $12.90. Its highest close was $14.94 on May 12, and its lowest $8.83 on Jan 6. The biggest one-day fall was −14.8% on Apr 21 and the biggest rise +10.8% on May 2. Adjusted for inflation, it gained 42.5%.
What were the highest and lowest closes of the silver price in 2006?
Highest: $14.94 on May 12, 2006. Lowest: $8.83 on January 6, 2006. It closed higher on 140 of 252 trading days.
What happened to the silver price on April 28, 2006?
iShares Silver Trust (SLV) begins trading. The silver price rose 0.3% that day, and was +3.0% 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.