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Silver Price in 2009 | Historical Silver Prices
Annual summary, monthly averages, and key events that shaped silver prices in 2009
Jan 1
$11.14
Opening Price
Dec 31
$17.37
Closing Price
Year High
$19.18
Annual High
Year Low
$10.51
Annual Low
Annual Avg
$14.67
Average Price
vs 2008
+55.8%
Annual Change
Monthly Silver Price Chart — 2009
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $11.30High: $17.90
What Happened to Silver in 2009?
Silver rebounded 56% in 2009 as the Federal Reserve's QE1 program and global monetary expansion drove investors toward hard assets. Silver outperformed gold (which gained 25%) as industrial demand recovered along with the global economy. ETF holdings surged and retail coin demand hit record levels amid fears of currency debasement.