Price of Silver in 2012

The price of silver changed significantly throughout 2012 – the economy was starting to improve, and the US Government agreed to raise its debt ceiling, which helped restore trust in the country. Though values fluctuated, there was also increased demand. 

Check out the following charts to see the Silver Prices for 2012 and to view the fluctuation of prices.

Silver Prices 2012 Chart

What Impacted Silver Prices in 2012?

Silver prices in 2012 were up and down throughout the year. In the middle of the year, the market saw a decrease in values due to slowing global economic growth, Europe’s financial crisis and declining industrial demand.

That year, a trend emerged in which silver prices were swayed by QE forecasts. Because many people encourage and believe that a weak US job market will drive or at least affect the Fed’s choices, those expectations are frequently linked to employment data.

In positive news in 2012, it was stated by James Steel, then-chief commodities analyst at HSBC, that mines were discovering a lot more silver in their operations when mining for other metals.

It’s important to note that it wasn’t only silver that saw decreases in market value – copper, gold and Brent crude oil also dropped.

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.

Before You Buy or Sell Silver Online

Before you buy or sell silver, consider whether now is a good time to do so. Check the price using CanAm’s up-to-date chart for the current year. This is updated regularly and provides information on spot prices for accurate valuations as a starting price for sales.

Buying silver online can also give you an idea of what you should be paying – though keep in mind that dealers will generally add commission and other fees on top of spot prices.

Buy Silver Online with CanAm

CanAm’s goal is to build trustworthy, long-lasting relationships with our customers. Our dedication to superior service to our customers is unmatched.

One of the most efficient ways to diversify your holdings is to purchase pure silver bars or silver bullion. You’ll find a variety of sizes, shapes and designs in our online store. If you have any questions, get in touch with our team today.