Price of Silver in 2009

In 2009, the average price of silver was $14.67, the second-highest average since 1980. There was a 53% increase throughout the year due to increased investment demand.

You can learn more about the silver spot prices in 2009 with our charts below.

Silver Prices 2009 Chart

What Impacted Silver Prices in 2009?

Much of 2009’s investment growth can be ascribed to the increasing demand for exchange-traded funds (ETFs) and physical retail investment in silver.

As new funds from Australia and the United States entered the market, total ETF holdings increased by 132.5 million troy ounces (Moz) throughout 2009, reaching an astonishing 397.8 Moz by the end of the year.

The manufacturing of coins and medals also reached an all-time high of 78.7 Moz, a 21% increase led by a surge in retail demand.

The growth in sales of bullion coins was mirrored by an increase in demand for bars and a record number of U.S. Silver Eagle bullion coins were sold.

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.

Tips for Investing in Silver Online

If you want to increase your portfolio gradually, silver bullion, coins and rounds are a great way to do so, provided you purchase these from a reputable company like CanAm.

Before you invest, you should familiarize yourself with the spot price and what it means. You can find out all you need to know on our Spot Price web page. <insert the link> Remember, the spot price changes many times throughout the day.

You should also ensure you stay up to date and aware of what’s happening with the silver value – which you can do via the charts above – and we recommend you stick to physical silver rather than paper silver if you’re looking for better returns.

Buy Silver Online with CanAm

The appeal of pure silver bars and silver bullion is growing among investors in the precious metals market, and CanAm can help you diversify your holdings with quality products.

We offer quality in-house support, and our team can respond to your inquiries and resolve your issues as quickly and efficiently as possible. Send an email or call if you have any questions or concerns.