Price of Silver in 2014

In 2014, the price of silver was still recovering from a drop in 2013, and this only continued as the economy remained positive and interest in silver investments dwindled.

Explore the graphs below to view the Silver Prices for 20144 and the price fluctuation during the year.

Silver Prices 2014 Chart

What Impacted Silver Prices in 2014?

After silver prices dropped 36% in 2013, many investors hoped that silver and other precious metals would make a comeback. However, this wasn’t the case. Prices continued to drop, with another 18% drop in December that year.

Historically, silver was affected by rising levels of risk in the financial markets. In 2014, there were rising tensions between Russia and Ukraine at the beginning of the year, which saw an increase in value of 10%, and silver mining stocks went up as well.

But as the year went by, investors lost interest in silver as the stock market, and the U.S. economy continued to grow. As the Federal Reserve’s quantitative easing program ended, silver investors did not see the disastrous effect on the value of fiat currencies that many had expected. As such, demand (and values) decreased.

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 To Buy When Investing in Silver

Bullion coins are one of the most popular ways to invest in silver, with the 1oz Silver American Eagle and 1oz Canadian Maple Leaf at the top of many investors’ wish list.

While Silver is usually traded as coins or bars, first-time investors might also consider junk silver. This includes coins from before 1965, like mercury dimes, that are at least 90% silver. These can be sold separately or melted down.

Exchange-traded funds are another option if you want to invest in the silver market but don’t want to own actual silver. These give you shares in silver which you can keep long-term or sell off when the prices are high. Mining stocks are another “paper” investment option as well.

Buy Silver Online with CanAm

CanAm strives to build long-term, trustworthy partnerships with our customers. Through our exceptional customer service, we continually provide superior service, and to guarantee that you get the best value, we price our silver honestly and properly.

Adding pure silver bars or silver bullion to your portfolio can positively diversify your assets. Start shopping today, and if you have any questions, please contact our consultants today.