Silver price history since 1960
Monthly average silver prices since January 1960 in riyals per gram and dollars per ounce, summarized by year with an interactive chart.
Highest monthly average
11.104 SAR
SAR per gram · January 2026
First value (1960) (1960)
0.130 SAR
equals $0.90 per ounce
Lowest (January 1960)
0.130 SAR
equals $0.90 per ounce
Latest month (September 2026)
7.789 SAR
Below the high by 29.9%
Months in series
801
months since January 1960
Silver gram price in SAR since 1960
Monthly averages · log scale shows percentage moves evenly across decades · converted to riyals at each period's exchange rate
Silver price by year (SAR per gram)
Open = January average, Close = December average (or latest month)| Year | Open | High | Low | Close | Year range | Annual change |
|---|---|---|---|---|---|---|
| 2020s | ||||||
| 2026 to date | 11.104 | 11.104 | 7.089 | 7.789 | ▲ 3.7% | |
| 2025 | 3.665 | 7.511 | 3.665 | 7.511 | ▲ 102.3% | |
| 2024 | 2.761 | 3.906 | 2.737 | 3.713 | ▲ 28.8% | |
| 2023 | 2.857 | 3.014 | 2.640 | 2.882 | ▲ 2.6% | |
| 2022 | 2.797 | 3.050 | 2.279 | 2.809 | ▲ 3.5% | |
| 2021 | 3.123 | 3.316 | 2.713 | 2.713 | ▼ 10.0% | |
| 2020 | 2.170 | 3.255 | 1.796 | 3.014 | ▲ 46.2% | |
| 2010s | ||||||
| 2019 | 1.881 | 2.194 | 1.772 | 2.062 | ▲ 15.6% | |
| 2018 | 2.062 | 2.062 | 1.724 | 1.784 | ▼ 8.7% | |
| 2017 | 2.038 | 2.170 | 1.953 | 1.953 | ▼ 1.2% | |
| 2016 | 1.700 | 2.411 | 1.700 | 1.977 | ▲ 16.3% | |
| 2015 | 2.074 | 2.074 | 1.700 | 1.700 | ▼ 13.5% | |
| 2014 | 2.399 | 2.520 | 1.929 | 1.965 | ▼ 17.3% | |
| 2013 | 3.750 | 3.750 | 2.375 | 2.375 | ▼ 38.2% | |
| 2012 | 3.701 | 4.111 | 3.303 | 3.846 | ▲ 5.3% | |
| 2011 | 3.436 | 5.148 | 3.436 | 3.653 | ▲ 3.4% | |
| 2010 | 2.134 | 3.533 | 1.917 | 3.533 | ▲ 66.5% | |
| 2000s | ||||||
| 2009 | 1.362 | 2.146 | 1.362 | 2.122 | ▲ 70.9% | |
| 2008 | 1.917 | 2.327 | 1.194 | 1.242 | ▼ 28.0% | |
| 2007 | 1.543 | 1.772 | 1.483 | 1.724 | ▲ 7.5% | |
| 2006 | 1.097 | 1.616 | 1.097 | 1.604 | ▲ 54.7% | |
| 2005 | 0.796 | 1.037 | 0.796 | 1.037 | ▲ 21.1% | |
| 2004 | 0.760 | 0.904 | 0.711 | 0.856 | ▲ 26.8% | |
| 2003 | 0.579 | 0.675 | 0.543 | 0.675 | ▲ 21.6% | |
| 2002 | 0.543 | 0.591 | 0.530 | 0.555 | ▲ 4.7% | |
| 2001 | 0.567 | 0.567 | 0.494 | 0.530 | ▼ 4.5% | |
| 2000 | 0.627 | 0.627 | 0.555 | 0.555 | ▼ 11.5% | |
| 1990s | ||||||
| 1999 | 0.615 | 0.663 | 0.603 | 0.627 | ▲ 6.1% | |
| 1998 | 0.711 | 0.820 | 0.591 | 0.591 | ▼ 15.5% | |
| 1997 | 0.579 | 0.699 | 0.530 | 0.699 | ▲ 20.7% | |
| 1996 | 0.663 | 0.687 | 0.579 | 0.579 | ▼ 7.7% | |
| 1995 | 0.579 | 0.675 | 0.555 | 0.627 | ▲ 8.3% | |
| 1994 | 0.615 | 0.663 | 0.579 | 0.579 | ▼ 4.0% | |
| 1993 | 0.446 | 0.603 | 0.434 | 0.603 | ▲ 35.2% | |
| 1992 | 0.494 | 0.494 | 0.446 | 0.446 | ▼ 5.1% | |
| 1991 | 0.494 | 0.530 | 0.446 | 0.470 | ▼ 4.9% | |
| 1990 | 0.627 | 0.639 | 0.494 | 0.494 | ▼ 26.8% | |
| 1980s | ||||||
| 1989 | 0.723 | 0.723 | 0.615 | 0.675 | ▼ 8.2% | |
| 1988 | 0.808 | 0.844 | 0.735 | 0.735 | ▼ 10.4% | |
| 1987 | 0.663 | 1.025 | 0.663 | 0.820 | ▲ 27.5% | |
| 1986 | 0.715 | 0.715 | 0.596 | 0.643 | ▼ 6.4% | |
| 1985 | 0.710 | 0.745 | 0.687 | 0.687 | ▼ 8.2% | |
| 1984 | 0.940 | 1.088 | 0.748 | 0.748 | ▼ 26.0% | |
| 1983 | 1.366 | 1.555 | 0.977 | 1.011 | ▼ 13.4% | |
| 1982 | 0.882 | 1.168 | 0.617 | 1.168 | ▲ 27.8% | |
| 1981 | 1.610 | 1.610 | 0.914 | 0.914 | ▼ 48.2% | |
| 1980 | 4.161 | 4.161 | 1.358 | 1.765 | ▼ 27.4% | |
| 1970s | ||||||
| 1979 | 0.670 | 2.431 | 0.670 | 2.431 | ▲ 276.9% | |
| 1978 | 0.536 | 0.645 | 0.536 | 0.645 | ▲ 21.0% | |
| 1977 | 0.499 | 0.555 | 0.499 | 0.533 | ▲ 6.8% | |
| 1976 | 0.465 | 0.545 | 0.465 | 0.499 | ▲ 7.5% | |
| 1975 | 0.475 | 0.554 | 0.464 | 0.464 | ▼ 7.6% | |
| 1974 | 0.411 | 0.616 | 0.411 | 0.502 | ▲ 36.0% | |
| 1973 | 0.238 | 0.369 | 0.238 | 0.369 | ▲ 38.2% | |
| 1972 | 0.200 | 0.267 | 0.200 | 0.267 | ▲ 32.2% | |
| 1971 | 0.231 | 0.245 | 0.188 | 0.202 | ▼ 12.6% | |
| 1970 | 0.275 | 0.275 | 0.231 | 0.231 | ▼ 11.2% | |
| 1960s | ||||||
| 1969 | 0.289 | 0.289 | 0.231 | 0.260 | ▼ 10.0% | |
| 1968 | 0.289 | 0.362 | 0.275 | 0.289 | ▼ 4.9% | |
| 1967 | 0.188 | 0.304 | 0.188 | 0.304 | ▲ 61.7% | |
| 1966 | 0.188 | 0.188 | 0.188 | 0.188 | 0.0% | |
| 1965 | 0.188 | 0.188 | 0.188 | 0.188 | 0.0% | |
| 1964 | 0.188 | 0.188 | 0.188 | 0.188 | 0.0% | |
| 1963 | 0.174 | 0.188 | 0.174 | 0.188 | ▲ 8.0% | |
| 1962 | 0.145 | 0.174 | 0.145 | 0.174 | ▲ 20.0% | |
| 1961 | 0.130 | 0.145 | 0.130 | 0.145 | ▲ 11.5% | |
| 1960 | 0.130 | 0.130 | 0.130 | 0.130 | ||
Source: World Bank monthly commodity price data in nominal US dollars, converted to riyals. Values are SAR per gram of 24K gold, SAR per gram of silver, and SAR per kilogram of copper.
Frequently asked questions
When did silver record its highest monthly average?
The highest monthly average and its date are at the top of the page. Silver is known for its 1980 and 2011 peaks before the 2025 and 2026 levels.