Silver Price in 2007
In 2007, the price of silver averaged $13.38 per troy ounce, up 15.8% from the year before. This page covers the 2007 average, high, low, and year-end close, the events that moved the market, and what that silver would be worth in today's dollars.
2007 Average
$13.38
LBMA annual average, USD/oz
Change vs 2006
+15.8%
from $11.55 in 2006
What happened to the silver price in 2007
Silver averaged $13.38 per troy ounce in 2007, climbing 15.8% from the $11.55 average of 2006.
The 2000s revived silver as an investment asset. The launch of the SLV exchange-traded fund in 2006 opened the metal to mainstream portfolios, and the financial crisis at the end of the decade rekindled safe-haven demand.
Adjusted for inflation, silver's 2007 average of $13.38 equals about $21 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
Frequently Asked Questions
What was the price of silver in 2007?
What is a 2007 silver price worth in today's dollars?
Annual averages are LBMA prices per troy ounce in US dollars. Where shown, the yearly high, low, and close come from MetalCharts daily historical data and may differ slightly from figures published elsewhere. Inflation adjustments use BLS CPI-U annual averages.