Price of Silver in 2000

The price of silver in 2000 varied, starting on a high note and ending much lower. Fabrication demand increased, supply decreased, and the Chinese government was selling up stocks, all of which kept prices lower.

To see what silver prices in 2000 were doing, view our charts below and you’ll be able to track spot prices throughout that year.

Silver Prices 2000 Chart

What Impacted Silver Prices in 2000?

The price of silver decreased by 15% throughout the year 2000, primarily due to ongoing Chinese government sales and private disinvestment. Mine production was increasing, but fabrication demand increased much more – so keeping up stocks to suit was more of a struggle.

Silver prices started off on a high, rising to a February high of $5.57. Prices then fell over the rest of the year, reaching a yearly low of $4.63 on November 22. The year’s final close was $4.64 per troy ounce.

Daily Silver Prices (Chart)

To find the daily prices for Silver in this year, use the date filters in the chart above.

The information provided here is for educational purposes only and should not be used for speculation and investment purposes. CanAm does not guarantee that the prices shown here are correct, up-to-date, or complete, and we are not responsible for inaccuracies or omissions in this price data.

What Are The Highs and Lows of Silver Prices?

The price of silver has fluctuated dramatically, owing to recession, demand vs. supply, economic instability, trade conflicts, and so on.

Looking back over the last century, the lowest price for silver (inflation-adjusted) was in January 1931, during the Great Depression. The price of silver has dropped to 29 cents per ounce.

In comparison, in late April and early May of 2011, the all-time high silver price in US dollars was around $48 per troy ounce. However, in today’s currencies, the peak silver price of around $30/oz in 1980 would be equivalent to more than $100 per oz. This is the real all-time high for silver.

The advantage of investing in silver is that when the economy slumps, silver’s value rises. As such, it’s an excellent investment hedge for safeguarding your cash.

Buy Silver Online with CanAm

Adding pure silver bars or silver bullion to your holdings can protect your wealth into the future, and it’s a great way to start investing or diversify your holdings.

CanAm guarantees superior service throughout the entire process of purchasing bullion. We offer fair and precise pricing, and we ensure that your purchase is delivered safely and securely to your home. Contact our team if you have any questions regarding your options.