Silver Price in 2017
The silver price rose 6.4% in 2017, from $15.90 at the end of 2016 to $16.92. Its highest close was $18.52 on Apr 13, and its lowest $15.57 on Jul 7. The biggest one-day fall was −3.4% on Mar 2 and the biggest rise +3.0% on Aug 9. Adjusted for inflation, it gained 4.2%.
Daily COMEX prices, the year in 12 currencies and festival prices: Silver Price in 2017 →
Silver Price, daily closes 2017
Numbers mark the events belowKey Events in 2017
What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, March 2 From the dataBiggest one-day fall of the year: −3.4%.
- 2
Wednesday, August 9 From the dataBiggest one-day rise of the year: +3.0%.
- 3
Friday, December 22President Trump signs the Tax Cuts and Jobs Act, cutting the corporate tax rate to 21%. SourceSilver: +1.8% that day
Biggest days of 2017
| Best days | Worst days | ||
|---|---|---|---|
| Aug 9 | +3.0% | Mar 2 | −3.4% |
| Aug 16 | +3.0% | Jul 3 | −2.8% |
| Mar 15 | +2.8% | Jul 7 | −2.7% |
| Jan 31 | +2.6% | Aug 15 | −2.5% |
| Nov 1 | +2.6% | Aug 4 | −2.3% |
Volatility: 17.1% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $17.51 | +10.1% |
| Feb | $18.29 | +4.5% |
| Mar | $18.25 | −0.2% |
| Apr | $17.19 | −5.8% |
| May | $17.30 | +0.6% |
| Jun | $16.59 | −4.1% |
| Jul | $16.77 | +1.1% |
| Aug | $17.55 | +4.7% |
| Sep | $16.63 | −5.2% |
| Oct | $16.67 | +0.2% |
| Nov | $16.40 | −1.6% |
| Dec | $16.92 | +3.2% |
Other Markets in 2017
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Silver Price | +6.4% | $16.92 |
| Dow Jones Industrial Average in 2017 | +25.1% | 24,719.22 |
| S&P 500 in 2017 | +12.0% | 2,506.88 |
| Nasdaq Composite in 2017 | +18.6% | 6,454.64 |
| Russell 2000 in 2017 | +13.1% | 1,535.51 |
| Gold in 2017 | +17.0% | $1,346.29 |
| US 10-year Treasury yield in 2017 | −0.11 pp | 2.34% |
Silver Price in 2017: FAQ
How much did the silver price rise in 2017?
The silver price rose 6.4% in 2017, from $15.90 at the end of 2016 to $16.92. Its highest close was $18.52 on Apr 13, and its lowest $15.57 on Jul 7. The biggest one-day fall was −3.4% on Mar 2 and the biggest rise +3.0% on Aug 9. Adjusted for inflation, it gained 4.2%.
What were the highest and lowest closes of the silver price in 2017?
Highest: $18.52 on April 13, 2017. Lowest: $15.57 on July 7, 2017. It closed higher on 128 of 258 trading days.
What happened to the silver price on December 22, 2017?
President Trump signs the Tax Cuts and Jobs Act, cutting the corporate tax rate to 21%. The silver price rose 1.8% that day.
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.