Silver Price in 2009
The silver price rose 57.5% in 2009, from $10.79 at the end of 2008 to $16.99. Its highest close was $19.18 on Dec 2, and its lowest $10.51 on Jan 15. The biggest one-day fall was −5.7% on Aug 17 and the biggest rise +7.9% on May 5. Adjusted for inflation, it gained 53.3%.
Daily COMEX prices, the year in 12 currencies and festival prices: Silver Price in 2009 →
Silver Price, daily closes 2009
Numbers mark the events belowKey Events in 2009
What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.
- 1
Wednesday, February 11 From the dataBack above its pre-bear-market peak of $13.38 (September 23, 2008).
- 2
Tuesday, February 17President Obama signs the $787 billion American Recovery and Reinvestment Act. SourceSilver: +2.6% that day · −5.1% a month later
- 3
Wednesday, March 18Fed expands asset purchases, adding $750 billion of agency MBS/debt and $300 billion of Treasuries. SourceSilver: −1.9% that day · −6.8% a month later
- 4
Tuesday, May 5 From the dataBiggest one-day rise of the year: +7.9%.
- 5
Friday, July 10 From the dataEnters a bear market: 20% below its peak of $15.97 (June 3, 2009).
- 6
Monday, July 13 From the dataBear market low: $12.47, 21.9% below the peak.
- 7
Monday, August 17 From the dataBiggest one-day fall of the year: −5.7%.
- 8
Monday, September 7 From the dataBack above its pre-bear-market peak of $15.97 (June 3, 2009).
- 9
Monday, November 2IMF announces the sale of 200 tonnes of gold to the Reserve Bank of India. SourceSilver: +0.1% that day · +9.5% a month later
Biggest days of 2009
| Best days | Worst days | ||
|---|---|---|---|
| May 5 | +7.9% | Aug 17 | −5.7% |
| Nov 4 | +6.9% | Apr 17 | −5.3% |
| Jan 30 | +6.6% | Jun 8 | −5.2% |
| Jan 26 | +5.6% | Jun 15 | −5.0% |
| Aug 13 | +5.5% | Mar 10 | −4.9% |
Volatility: 38.1% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $12.51 | +15.9% |
| Feb | $13.21 | +5.6% |
| Mar | $13.11 | −0.8% |
| Apr | $12.63 | −3.7% |
| May | $15.52 | +22.9% |
| Jun | $13.94 | −10.2% |
| Jul | $13.63 | −2.2% |
| Aug | $14.54 | +6.7% |
| Sep | $16.45 | +13.1% |
| Oct | $16.57 | +0.7% |
| Nov | $18.14 | +9.5% |
| Dec | $16.99 | −6.3% |
Other Markets in 2009
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Silver Price | +57.5% | $16.99 |
| Dow Jones Industrial Average in 2009 | +18.8% | 10,428.05 |
| S&P 500 in 2009 | +23.5% | 1,115.10 |
| Nasdaq Composite in 2009 | +43.9% | 2,269.15 |
| Russell 2000 in 2009 | +25.2% | 625.39 |
| Nikkei 225 in 2009 | +19.0% | 10,546.44 |
| Gold in 2009 | +25.0% | $1,087.50 |
| WTI crude oil in 2009 | +78.0% | $79.39 |
| Brent crude oil in 2009 | +117.5% | $77.91 |
| US 10-year Treasury yield in 2009 | +1.60 pp | 3.85% |
Silver Price in 2009: FAQ
How much did the silver price rise in 2009?
The silver price rose 57.5% in 2009, from $10.79 at the end of 2008 to $16.99. Its highest close was $19.18 on Dec 2, and its lowest $10.51 on Jan 15. The biggest one-day fall was −5.7% on Aug 17 and the biggest rise +7.9% on May 5. Adjusted for inflation, it gained 53.3%.
What were the highest and lowest closes of the silver price in 2009?
Highest: $19.18 on December 2, 2009. Lowest: $10.51 on January 15, 2009. It closed higher on 126 of 253 trading days.
What happened to the silver price on February 17, 2009?
President Obama signs the $787 billion American Recovery and Reinvestment Act. The silver price rose 2.6% that day, and was −5.1% 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.