The price of an ounce of silver increased sharply in 2021, rising around 17 percent from January 28 to February 1. The cause of this increase is attributed to retail investors mobilized via social media with the intention of causing losses to professional investors, similar to the rise in the stock price of video game retailer GameStop, and the stock price of cinema operator AMC several days beforehand. As of midnight July 18, 2023, the price of silver was trading at 24.9 U.S. dollars per troy ounce.
Daily London fix price of silver from January 1, 2021 to July 18, 2023
(in U.S. dollars per troy ounce)
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BullionVault. (July 18, 2023). Daily London fix price of silver from January 1, 2021 to July 18, 2023 (in U.S. dollars per troy ounce) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1200451/daily-london-fix-price-silver/
BullionVault. "Daily London fix price of silver from January 1, 2021 to July 18, 2023 (in U.S. dollars per troy ounce)." Chart. July 18, 2023. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1200451/daily-london-fix-price-silver/
BullionVault. (2023). Daily London fix price of silver from January 1, 2021 to July 18, 2023 (in U.S. dollars per troy ounce). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1200451/daily-london-fix-price-silver/
BullionVault. "Daily London Fix Price of Silver from January 1, 2021 to July 18, 2023 (in U.S. Dollars per Troy Ounce)." Statista, Statista Inc., 18 Jul 2023, https://www.statista.com/statistics/1200451/daily-london-fix-price-silver/
BullionVault, Daily London fix price of silver from January 1, 2021 to July 18, 2023 (in U.S. dollars per troy ounce) Statista, https://www.statista.com/statistics/1200451/daily-london-fix-price-silver/ (last visited November 12, 2024)
Daily London fix price of silver from January 1, 2021 to July 18, 2023 (in U.S. dollars per troy ounce) [Graph], BullionVault, July 18, 2023. [Online]. Available: https://www.statista.com/statistics/1200451/daily-london-fix-price-silver/