Home / Silver Price / History / 2006
Silver Price in 2006 | Historical Silver Prices
Annual summary, monthly averages, and key events that shaped silver prices in 2006
Jan 1
$8.83
Opening Price
Dec 31
$12.90
Closing Price
Year High
$14.94
Annual High
Year Low
$8.83
Annual Low
Annual Avg
$11.55
Average Price
vs 2005
+46.1%
Annual Change
Monthly Silver Price Chart — 2006
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $9.20High: $13.50
What Happened to Silver in 2006?
Silver surged to nearly $15 in May 2006, its highest level since the Hunt Brothers' manipulation of 1980. The launch of the iShares Silver Trust (SLV) ETF in April 2006 was a watershed moment, creating a significant new source of investment demand. Silver gained 46% for the year, dramatically outperforming gold which gained 23%.