Silver Price in 1992
The silver price fell 4.9% in 1992, from $3.86 at the end of 1991 to $3.67. Its highest close was $4.34 on Jan 17, and its lowest $3.65 on Aug 26. The biggest one-day fall was −3.8% on Nov 10 and the biggest rise +4.8% on Jan 17. Adjusted for inflation, it lost 7.6%.
Silver Price, daily closes 1992
Numbers mark the events belowKey Events in 1992
What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.
- 1
Friday, January 17 From the dataBiggest one-day rise of the year: +4.8%.
- 2
Friday, February 7Maastricht Treaty is signed, setting the path to European monetary union. SourceSilver: −0.6% that day · −1.6% a month later
- 3
Wednesday, August 26 From the dataEnters a bear market: 20% below its peak of $4.57 (June 10, 1991).
- 4
Wednesday, September 16Black Wednesday: the UK withdraws sterling from the European Exchange Rate Mechanism. SourceSilver: +1.4% that day · −2.1% a month later
- 5
Tuesday, November 10 From the dataBiggest one-day fall of the year: −3.8%.
Biggest days of 1992
| Best days | Worst days | ||
|---|---|---|---|
| Jan 17 | +4.8% | Nov 10 | −3.8% |
| Jan 10 | +4.0% | Jul 7 | −3.3% |
| Jan 3 | +3.0% | Jan 31 | −2.5% |
| Nov 13 | +3.0% | Jan 20 | −2.4% |
| Jan 15 | +2.3% | Sep 29 | −2.2% |
Volatility: 16.0% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $4.13 | +7.0% |
| Feb | $4.12 | −0.3% |
| Mar | $4.12 | 0.0% |
| Apr | $3.98 | −3.4% |
| May | $4.06 | +1.9% |
| Jun | $4.03 | −0.8% |
| Jul | $3.95 | −1.8% |
| Aug | $3.72 | −5.9% |
| Sep | $3.77 | +1.3% |
| Oct | $3.76 | −0.1% |
| Nov | $3.73 | −0.8% |
| Dec | $3.67 | −1.7% |
Other Markets in 1992
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Silver Price | −4.9% | $3.67 |
| Dow Jones Industrial Average in 1992 | +4.2% | 3,301.11 |
| S&P 500 in 1992 | +4.5% | 435.71 |
| Nasdaq Composite in 1992 | +15.5% | 676.95 |
| Russell 2000 in 1992 | +16.4% | 221.01 |
| Nikkei 225 in 1992 | −26.4% | 16,925.00 |
| Gold in 1992 | −5.7% | $332.90 |
| WTI crude oil in 1992 | +1.8% | $19.49 |
| Brent crude oil in 1992 | +0.6% | $17.85 |
| US 10-year Treasury yield in 1992 | −0.01 pp | 6.70% |
Silver Price in 1992: FAQ
How much did the silver price fall in 1992?
The silver price fell 4.9% in 1992, from $3.86 at the end of 1991 to $3.67. Its highest close was $4.34 on Jan 17, and its lowest $3.65 on Aug 26. The biggest one-day fall was −3.8% on Nov 10 and the biggest rise +4.8% on Jan 17. Adjusted for inflation, it lost 7.6%.
What were the highest and lowest closes of the silver price in 1992?
Highest: $4.34 on January 17, 1992. Lowest: $3.65 on August 26, 1992. It closed higher on 122 of 254 trading days.
What happened to the silver price on September 16, 1992?
Black Wednesday: the UK withdraws sterling from the European Exchange Rate Mechanism. The silver price rose 1.4% that day, and was −2.1% a month later.
Data: London silver fix from 1968 to Jan 2018 (gaps filled with Perth Mint spot), COMEX silver futures closes after that. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026silverpricein1992, author = {{Corgano}}, title = {Silver Price in 1992}, howpublished = {\url{https://goldprice.corgano.com/market-history/silver/1992}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}