Silver Price History
Historical silver rates, charts & key milestones
Silver Price Chart
Interactive silver price chart
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Silver Price Over Time (INR)
1 Week Ago
₹95.35/g
1 Month Ago
₹94.80/g
3 Months Ago
₹92.50/g
6 Months Ago
₹88.20/g
1 Year Ago
₹82.00/g
5 Years Ago
₹48.50/g
Key Milestones in Silver Market History
Hunt Brothers squeeze
Peak: $49.45/oz
The Hunt Brothers attempted to corner the silver market, driving prices to an all-time high.
Post-financial crisis high
Peak: $49.51/oz
Silver nearly matched its 1980 high amid QE-driven investor demand.
COVID-19 crash & recovery
Peak: $11.64 → $28.90/oz
Silver crashed in March 2020 before recovering sharply as stimulus measures took effect.
Industrial demand surge
Peak: $32.00/oz
Growing demand from solar panel manufacturing and electronics drove prices higher.
Understanding Silver Price History
Silver has been used as a medium of exchange and store of value for thousands of years. Unlike gold, silver has significant industrial applications which add a demand component beyond pure investment. Understanding historical silver prices helps investors make informed decisions about when to buy, sell, or hold silver.
Long-Term Silver Price Trends
Over the past 50 years, silver has experienced dramatic price swings. The two major peaks — in 1980 and 2011 — were driven by different factors but both saw silver approach $50 per ounce. In recent years, growing industrial demand from the green energy sector (particularly solar panels) has added a structural demand component that may support higher prices going forward.