Silver Price Per Pound History

Reviewed by the Silver by the Pound Editorial Team · Updated September 24, 2026

Prices on this page use silver spot at $63.98/troy oz ($933.04/lb) · updated September 24, 2026

Silver price per pound, 2000 to today

COMEX silver futures closes converted to dollars per pound. Longer ranges use weekly and month-end closes, which smooth over spikes inside a week or month.

Past monthPast 6 monthsPast yearPast 5 yearsAll time

Data sources: Spot price via api.gold-api.com · COMEX futures (SI=F) via Yahoo Finance. Prices are for informational purposes only and may be delayed. Figures on this page were generated 2026-09-24. Chart values are in US dollars per avoirdupois pound (14.583 troy ounces).

Quick answer. Silver was worth about $67 a pound at the end of 2000. It climbed to roughly $709 a pound at its 2011 peak, spent most of the following decade between roughly $200 and $400 a pound, and then ran to a record close of $1,678.25 a pound ($115.08 an ounce) in January 2026. The latest futures close is 44.1% below that record.

Every figure in the table and in this page's price tokens is computed from the daily COMEX silver futures series (SI=F via Yahoo Finance) and converted to avoirdupois pounds at 14.583 troy ounces. Nothing is typed in by hand, so the history always matches the chart above it.

Why Chart Silver in Pounds?

Nearly every silver chart you'll find is in dollars per troy ounce. That's the right unit for traders, but it hides the scale of what a normal buyer is dealing with. Someone deciding whether to buy "a few pounds of silver" or selling a drawer of flatware thinks in pounds, and a per-pound chart answers the question directly: what would a pound have cost me then?

The shape of the chart is identical to a per-ounce chart, because the conversion is a fixed multiplier. Only the numbers on the axis change. It's the same history, told in the unit you'd actually weigh.

The Big Moves, in Dollars per Pound

Before our series: the 1980 spike. Silver's first famous peak came in January 1980, when prices reached roughly $50 an ounce, around $700 a pound in that year's dollars. The run was driven in large part by the Hunt brothers' attempt to corner the market with futures and physical silver. When exchanges tightened trading rules, prices collapsed, most dramatically on "Silver Thursday" in March

1. It took silver about three decades to see those nominal levels again. Our chart starts in 2000, where the data series begins, so this peak isn't plotted.

2000–2008: the long climb from the bottom. At the turn of the century silver was near a multi-decade low, around $67 a pound. Over the following years it rose steadily as industrial demand grew and interest in precious metals returned, before the 2008 financial crisis knocked it sharply lower within a few months. The low that year came in at about $142 a pound.

2010–2011: the second peak. Silver rose nearly 80% in 2010 and kept climbing into April 2011, when futures touched about $709 a pound. That was close to the 1980 level in nominal terms, though far below it in inflation-adjusted terms. The fall afterward was steep: by the end of 2013 a pound was worth about $291.

2013–2019: the quiet years. For most of this stretch silver traded in a band of roughly $200–$300 a pound. For people buying by weight, these were the years when a pound of junk silver or a box of sterling flatware was relatively cheap.

2020: the pandemic whipsaw. In March 2020, silver briefly dropped to its lowest level in more than a decade, then rallied hard over the summer. It finished the year around $384 a pound.

2024–2026: the record run. Silver started rising in 2024, then surged in 2025, finishing the year around $1,023 a pound. The rally continued into early 2026 and set a record close of $1,678.25 a pound in January 2026. Market reporting at the time pointed to several forces together: industrial demand for silver in solar panels and electronics, a tight physical market, and gold's own record run pulling silver along. Prices have since come down; the latest futures close is 44.1% below that record close.

Nominal Records vs Real Records

The record on this page is a nominal record: the highest number of dollars ever paid for an ounce of silver. It doesn't account for inflation.

That matters when comparing peaks decades apart. A dollar in 1980 bought much more than a dollar does today, so silver's 1980 price of about $50 was worth far more in today's money than $50 is now. The 2011 peak was about the same number of dollars as 1980, but much lower once adjusted for inflation. The 2025–2026 run was the first time silver cleared its 1980 and 2011 highs by a wide margin, even in nominal terms.

We don't publish an inflation-adjusted chart, because it would depend on a price index and a base year we'd have to choose for you. If you want to adjust a historical price yourself, the US Bureau of Labor Statistics publishes a free CPI inflation calculator.

What the History Tells a Buyer, and What It Doesn't

A long chart is useful for perspective and dangerous for prediction.

What it does tell you:

• Silver is volatile. It has doubled and halved in short stretches more than once. Anyone buying by the pound should be comfortable with large swings in what their silver is worth.
• Premiums rise when prices spike. Sharp rallies have tended to bring retail buying rushes, and with them jumps in coin and junk-silver premiums. Buying in a frenzy usually means paying more over spot as well as a higher spot.
• Long flat periods happen. Silver spent most of the 2010s going nowhere in particular. Holding it means being patient through years like that.

What it doesn't tell you:

• Where the price goes next. Past peaks don't set a floor or a ceiling. Anyone who says a chart "proves" silver is about to rise or fall is guessing.
• Your actual return. A chart shows melt value, not what you paid (spot plus premium) or what you'd receive (usually below spot), and it ignores storage costs.

We show the history so you can see today's price in context. We don't forecast silver, and we don't think anyone should buy or sell on the strength of a chart alone.

How to Read the Chart

• The line is the daily close of COMEX silver futures (the front-month contract), converted to dollars per avoirdupois pound. It runs close to spot but isn't identical; today the futures price is $64.28 an ounce against a spot price of $63.98.
• The range tabs switch between one month, six months, one year, five years and the full series back to
• With JavaScript turned off, the full-range chart and the year table still show.
• Hover or tap on the chart for the price on any day (the year table gives the same figures, year by year).

Related Pages

• Today's silver price per pound
• What a pound of silver is worth, by form
• How many ounces in a pound of silver
• Silver price per pound calculator

FAQ

Reviewed by the Silver by the Pound Editorial Team · Updated September 24, 2026