Cost of silver over last 10 years
Chart of historical Silver prices for the last 2 years in US Dollars (USD). Prices in other currencies are available as well. Silver sold for under $9 on the COMEX in late 2008. By April of 2011 it sold for almost $50 on the COMEX. Yes, it moved too far and too fast, and has corrected since then. Based on 50 years of history, it will spike higher and crash again. It is not a stretch to think that a crazy rally in silver prices will blow past $50 per ounce and go much 11/29/2016 · I will get to the annual silver deficits in a minute, but let’s look at their world silver supply and demand (mining) by region: What is interesting here, is that GFMS forecasts the number one silver producer, Mexico, to be down in 2016 by more than 6 Moz. Last year, I forecasted that global silver production would likely be lower in 2015.