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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

1980

Hunt Brothers squeeze

Peak: $49.45/oz

The Hunt Brothers attempted to corner the silver market, driving prices to an all-time high.

2011

Post-financial crisis high

Peak: $49.51/oz

Silver nearly matched its 1980 high amid QE-driven investor demand.

2020

COVID-19 crash & recovery

Peak: $11.64 → $28.90/oz

Silver crashed in March 2020 before recovering sharply as stimulus measures took effect.

2024

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.

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