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Silver Price in 2013 | Historical Silver Prices
Annual summary, monthly averages, and key events that shaped silver prices in 2013
Jan 1
$29.95
Opening Price
Dec 31
$19.50
Closing Price
Year High
$32.23
Annual High
Year Low
$18.17
Annual Low
Annual Avg
$23.79
Average Price
vs 2012
-34.9%
Annual Change
Monthly Silver Price Chart — 2013
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $19.50High: $30.50
What Happened to Silver in 2013?
Silver suffered its worst year in decades in 2013, falling 35% — more than gold's 28% decline. The "taper tantrum" hit silver hard as both its safe-haven and industrial demand components weakened simultaneously. ETF outflows were massive. The gold/silver ratio spiked from 55 to 65. Retail buying at lower prices provided some support, but silver ended the year near its lows.