Price of Silver in 2013

At the start of 2013, silver prices were $30.35 an ounce. By the end of the year, prices were $19.42 per ounce – a 36% drop.

You can see the highs and lows by using the following charts for Silver Prices for 2013. 

Silver Prices 2013 Chart

What Impacted Silver Prices in 2013?

In 2013, silver started the year off on a positive, however, when gold prices dropped $200 per ounce in two days in April, silver fell even more in percentage terms, dropping $4 per ounce to $25 per ounce for the first time since 2010.

The drop in price of silver had a negative impact on the industry in general, and silver mining companies found there were extensive drops in their margins. And as prices fell, silver production became less appealing to larger corporations, which saw stock values decrease.

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.

Is Silver A Good Investment?

Silver is a great investment option for the following reasons:

•   Positive option for everyone seeking to protect and grow their money in unpredictable times, particularly during recession, trade war, economic threat, etc.
•   A tried and true method of protecting your wealth from systemic hazards that threaten to bring down the financial system, including bank failures, enormous public and private debt, and massive budget and trade deficits.
•   The current silver supply is starting to fall, and as global demand for mobile devices, flat-screen televisions, and personal electronics continues to rise, silver will certainly increase in value. Investing in silver currently is an early entry into a potentially profitable market.

Buy Silver Online with CanAm

Including pure silver bars or bullion in your investment portfolio is an easy method to diversify into the precious metals market. CanAm provides superior service from the point of purchase through to delivery, with upfront pricing and quality, secure delivery services.

If you have any questions regarding the options accessible, please contact our team of experts today.