Silver Prices Over the Past Three Months

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Agus Dwi Darmawan 19/12/2024 09:48 WIB

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Silver Prices Over the Past Three Months

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Silver Prices Over the Past Three Months

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Silver Prices Over the Past Three Months

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Silver prices fell on Thursday, December 19, 2024. Today's silver price traded at US$29.918 per troy ounce, lower than the previous day's US$30.91 per troy ounce. This reflects a downward trend observed over the past three days.

Over the past week, silver prices have fallen by -9.25 percent, with an average daily transaction price of US$30.93 per troy ounce. However, compared to the beginning of the year, silver prices are up 24.4 percent. The highest trading price for silver this year was US$34.878 per troy ounce, recorded on Tuesday, October 22, 2024.

The average annual silver trading price over the past five years shows an upward trend. Monthly trading prices over the past 12 months also show an upward trend, peaking in October 2024 at an average monthly price of US$32.654 per troy ounce.

Silver is a non-corrosive metal, considered a precious metal with high value. Although its price remains significantly lower than gold, silver is popular as a raw material for various products, such as jewelry.

According to Statista, Mexico is the world's largest silver producer, with production reaching 178.1 million ounces in 2020.

Indonesia ranks 16th as the world's largest silver producer, with recorded silver production of 8.3 million ounces last year.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Silver Prices Over the Past Three Months

Silver Prices Over the Past Three Months

Silver Prices Over the Past Three Months

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Silver Prices Over the Past Three Months

Silver Prices Over the Past Three Months

Silver Prices Over the Past Three Months

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Related Data

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Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

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