Silver Price in 1996
The silver price fell 7.0% in 1996, from $5.13 at the end of 1995 to $4.77. Its highest close was $5.82 on Feb 2, and its lowest $4.70 on Dec 2. The biggest one-day fall was −3.5% on Apr 16 and the biggest rise +4.9% on Jan 2. Adjusted for inflation, it lost 10.0%.
Silver Price, daily closes 1996
Numbers mark the events belowKey Events in 1996
What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.
- 1
Tuesday, January 2 From the dataBiggest one-day rise of the year: +4.9%.
- 2
Tuesday, April 16 From the dataBiggest one-day fall of the year: −3.5%.
- 3
Friday, September 20 From the dataEnters a bear market: 20% below its peak of $6.10 (May 4, 1995).
Biggest days of 1996
| Best days | Worst days | ||
|---|---|---|---|
| Jan 2 | +4.9% | Apr 16 | −3.5% |
| Feb 1 | +3.8% | Jun 4 | −3.2% |
| Jan 5 | +2.8% | Feb 21 | −3.2% |
| Jan 22 | +2.6% | Sep 19 | −3.2% |
| Jun 14 | +2.6% | Mar 28 | −2.6% |
Volatility: 16.6% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $5.57 | +8.6% |
| Feb | $5.53 | −0.7% |
| Mar | $5.53 | 0.0% |
| Apr | $5.33 | −3.6% |
| May | $5.32 | −0.2% |
| Jun | $5.03 | −5.5% |
| Jul | $5.11 | +1.6% |
| Aug | $5.15 | +0.8% |
| Sep | $4.86 | −5.6% |
| Oct | $4.80 | −1.2% |
| Nov | $4.73 | −1.5% |
| Dec | $4.77 | +0.8% |
Other Markets in 1996
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Silver Price | −7.0% | $4.77 |
| Dow Jones Industrial Average in 1996 | +26.0% | 6,448.26 |
| S&P 500 in 1996 | +20.3% | 740.74 |
| Nasdaq Composite in 1996 | +22.7% | 1,291.03 |
| Russell 2000 in 1996 | +14.8% | 362.61 |
| Nikkei 225 in 1996 | −2.6% | 19,361.00 |
| Gold in 1996 | −4.6% | $369.25 |
| WTI crude oil in 1996 | +32.5% | $25.90 |
| Brent crude oil in 1996 | +28.2% | $23.90 |
| US 10-year Treasury yield in 1996 | +0.85 pp | 6.43% |
Silver Price in 1996: FAQ
How much did the silver price fall in 1996?
The silver price fell 7.0% in 1996, from $5.13 at the end of 1995 to $4.77. Its highest close was $5.82 on Feb 2, and its lowest $4.70 on Dec 2. The biggest one-day fall was −3.5% on Apr 16 and the biggest rise +4.9% on Jan 2. Adjusted for inflation, it lost 10.0%.
What were the highest and lowest closes of the silver price in 1996?
Highest: $5.82 on February 2, 1996. Lowest: $4.70 on December 2, 1996. It closed higher on 120 of 255 trading days.
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{corgano2026silverpricein1996, author = {{Corgano}}, title = {Silver Price in 1996}, howpublished = {\url{https://goldprice.corgano.com/market-history/silver/1996}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}