Gold4,027.93+0.10%Silver54.67+0.13%Platinum1,571.35+0.24%Palladium1,055.90−0.05%
Gold/Silver73.68
DXY101.50−0.11%
US10Y4.95%−3.75%
WTI99.17−0.30%
S&P 5007,663−1.21%
Dow52,868+0.02%
Bitcoin81,414+0.12%
VIX19.03+14.09%

Silver Price in 2010

The silver price rose 80.3% in 2010, from $16.99 at the end of 2009 to $30.63. Its highest close was $30.70 on Dec 30, and its lowest $15.14 on Feb 8. The biggest one-day fall was −6.0% on Feb 5 and the biggest rise +6.8% on Nov 9. Adjusted for inflation, it gained 77.6%.

Daily COMEX prices, the year in 12 currencies and festival prices: Silver Price in 2010 →

Change in 2010
+80.3%
$16.99 → $30.63
High
$30.70
Dec 30
Low
$15.14
Feb 8
After inflation
+77.6%
US CPI
Up days
143 of 258
longest run 7 up, 10 down
Below record
-38.1%
at the end of 2010

Silver Price, daily closes 2010

Numbers mark the events below
$17$23$29JanFebMarAprMayJunJulAugSepOctNovDec1Feb 5: Enters a bear market: 20% below its peak of $19.18 (December 2, 2009). Biggest one-day fall of the year: −6.0%.2Feb 8: Bear market low: $15.14, 21.1% below the peak.3May 12: Back above its pre-bear-market peak of $19.18 (December 2, 2009).4Jul 21: President Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act into law.5Sep 15: Japan sells yen in the currency market, its first intervention since 2004.6Sep 22: Back above its pre-bear-market peak of $20.92 (March 17, 2008).7Oct 14: Back above its pre-bear-market peak of $23.54 (September 24, 1980).8Nov 9: Biggest one-day rise of the year: +6.8%.

Key Events in 2010

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

  1. 1
    Friday, February 5 From the data
    Enters a bear market: 20% below its peak of $19.18 (December 2, 2009). Biggest one-day fall of the year: −6.0%.
  2. 2
    Monday, February 8 From the data
    Bear market low: $15.14, 21.1% below the peak.
  3. 3
    Wednesday, May 12 From the data
    Back above its pre-bear-market peak of $19.18 (December 2, 2009).
  4. 4
    Wednesday, July 21
    President Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. Source
    Silver: +1.9% that day · +4.6% a month later
  5. 5
    Wednesday, September 15
    Japan sells yen in the currency market, its first intervention since 2004. Source
    Silver: +0.6% that day · +15.9% a month later
  6. 6
    Wednesday, September 22 From the data
    Back above its pre-bear-market peak of $20.92 (March 17, 2008).
  7. 7
    Thursday, October 14 From the data
    Back above its pre-bear-market peak of $23.54 (September 24, 1980).
  8. 8
    Tuesday, November 9 From the data
    Biggest one-day rise of the year: +6.8%.

Biggest days of 2010

Best daysWorst days
Nov 9+6.8%Feb 5−6.0%
May 12+6.4%May 5−5.8%
Dec 1+5.9%Dec 8−4.9%
Jun 8+5.6%Apr 19−4.6%
Nov 18+5.4%Jan 21−4.3%

Volatility: 32.5% (annualised standard deviation of daily changes).

Month by month

MonthCloseChangeHighLow
Jan$16.29−4.1%$18.84$16.29
Feb$16.12−1.0%$16.79$15.14
Mar$17.50+8.6%$17.54$16.50
Apr$18.62+6.4%$18.62$17.50
May$18.53−0.5%$19.64$17.63
Jun$18.74+1.1%$19.37$17.36
Jul$17.66−5.8%$18.65$17.55
Aug$18.87+6.9%$19.11$17.88
Sep$22.07+17.0%$22.07$19.45
Oct$23.96+8.6%$24.49$21.95
Nov$27.13+13.2%$28.55$24.73
Dec$30.63+12.9%$30.70$28.41

Other Markets in 2010

Change over the calendar year.

MarketChangeYear-end
Silver Price+80.3%$30.63
Dow Jones Industrial Average in 2010+11.0%11,577.51
S&P 500 in 2010+12.8%1,257.64
Nasdaq Composite in 2010+16.9%2,652.87
Russell 2000 in 2010+25.3%783.65
Nikkei 225 in 2010−3.0%10,228.92
Gold in 2010+29.2%$1,405.50
WTI crude oil in 2010+15.1%$91.38
Brent crude oil in 2010+19.7%$93.23
US 10-year Treasury yield in 2010−0.55 pp3.30%

Silver Price in 2010: FAQ

How much did the silver price rise in 2010?

The silver price rose 80.3% in 2010, from $16.99 at the end of 2009 to $30.63. Its highest close was $30.70 on Dec 30, and its lowest $15.14 on Feb 8. The biggest one-day fall was −6.0% on Feb 5 and the biggest rise +6.8% on Nov 9. Adjusted for inflation, it gained 77.6%.

What were the highest and lowest closes of the silver price in 2010?

Highest: $30.70 on December 30, 2010. Lowest: $15.14 on February 8, 2010. It closed higher on 143 of 258 trading days.

What happened to the silver price on July 21, 2010?

President Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. The silver price rose 1.9% that day, and was +4.6% 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.