- Chemicals & Resources›
- Mining, Metals & Minerals›
Average London fix price of silver 1975-2018
Average London fix price of silver 1975-2018
Average London fix price of silver from 1975 to 2018 (in U.S. dollars per ounce)
by M. Garside,
last edited
Aug 9, 2019
The annual average of London fix price for one ounce of silver in 2018 was 15.71 U.S. dollars.
The global silver industry
Silver is a soft, white, malleable metal that has the highest electrical and thermal conductivity of all metals. Silver is most commonly used to make coins, jewelry, and silverware. It is typically produced as a byproduct of copper, gold, lead, and zinc refining. The estimated global mine production of silver in 2018 was 27,000 metric tons. The leading country in silver production in 2018 was Mexico. In that year, they produced about 6,100 metric tons of silver. Furthermore, Poland and Peru were tied for having the largest silver reserves worldwide. As of 2018 they each had silver reserves amounting to 110,000 metric tons.
Silver in the United States
Silver exports from the United States have been fluctuating since 2008, but have recently been on the decline. In 2018, the United States exported about 160 metric tons of silver, a significant decrease from the 946 metric tons they exported in 2012. U.S. imports of silver for consumption, meanwhile, amounted to 5,400 metric tons in 2018.
Average London fix price of silver from 1975 to 2018 (in U.S. dollars per ounce)
Loading statistic...
Expand statistic
| Price in U.S. dollars per ounce | |
|---|---|
| 2018 | 15.71 |
| 2017 | 17.05 |
| 2016 | 17.14 |
| 2015 | 15.68 |
| 2014 | 19.08 |
| 2013 | 23.83 |
| 2012 | 31.15 |
| 2011 | 35.11 |
| 2010 | 20.16 |
| 2009 | 14.66 |
| 2008 | 15.02 |
| 2007 | 13.39 |
| 2006 | 11.57 |
| 2005 | 7.22 |
| 2004 | 6.65 |
| 2003 | 4.85 |
| 2002 | 4.6 |
| 2001 | 4.37 |
| 2000 | 4.95 |
| 1995 | 5.2 |
| 1990 | 4.83 |
| 1985 | 6.13 |
| 1980 | 20.98 |
| 1975 | 4.43 |
| Price in U.S. dollars per ounce | |
|---|---|
| 2018 | 15.71 |
| 2017 | 17.05 |
| 2016 | 17.14 |
| 2015 | 15.68 |
| 2014 | 19.08 |
| 2013 | 23.83 |
| 2012 | 31.15 |
| 2011 | 35.11 |
| 2010 | 20.16 |
| 2009 | 14.66 |
| 2008 | 15.02 |
| 2007 | 13.39 |
| 2006 | 11.57 |
| 2005 | 7.22 |
| 2004 | 6.65 |
| 2003 | 4.85 |
| 2002 | 4.6 |
| 2001 | 4.37 |
| 2000 | 4.95 |
| 1995 | 5.2 |
| 1990 | 4.83 |
| 1985 | 6.13 |
| 1980 | 20.98 |
| 1975 | 4.43 |
© Statista 2019
About this statistic
Sources: The Silver Institute; Refinitiv
Download
Settings
Share
Download started
Please be patient - this may take a moment
Please be patient - this may take a moment
Description
Source
More information
by M. Garside,
last edited
Aug 9, 2019
The annual average of London fix price for one ounce of silver in 2018 was 15.71 U.S. dollars.
The global silver industry
Silver is a soft, white, malleable metal that has the highest electrical and thermal conductivity of all metals. Silver is most commonly used to make coins, jewelry, and silverware. It is typically produced as a byproduct of copper, gold, lead, and zinc refining. The estimated global mine production of silver in 2018 was 27,000 metric tons. The leading country in silver production in 2018 was Mexico. In that year, they produced about 6,100 metric tons of silver. Furthermore, Poland and Peru were tied for having the largest silver reserves worldwide. As of 2018 they each had silver reserves amounting to 110,000 metric tons.
Silver in the United States
Silver exports from the United States have been fluctuating since 2008, but have recently been on the decline. In 2018, the United States exported about 160 metric tons of silver, a significant decrease from the 946 metric tons they exported in 2012. U.S. imports of silver for consumption, meanwhile, amounted to 5,400 metric tons in 2018.
- Sources
- The Silver Institute; Refinitiv
- Show further sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- April 2019
- Region
- Worldwide
- Survey time period
- 1975 to 2018
- Open this statistic in...
Source
- Sources
- The Silver Institute; Refinitiv
- Show further sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- April 2019
More information
- Region
- Worldwide
- Survey time period
- 1975 to 2018
- Open this statistic in...
Statista Accounts:
Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform
You only have access to basic statistics.
Premium Account
Your perfect start with Statista
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$49 / Month *
Corporate Account
Full access
Corporate solution including all features.
* All products require an annual contract.
Prices do not include sales tax.
Prices do not include sales tax.
Leading companies trust Statista:
Related Studies: Available to Download in PDF or PPTX Format
All Information
in one Presentation
Precious metals
- 45 page/s
- English
- pptx
- Detailed references
Everything On "Precious metals" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.
Other Reports & Dossiers
Statista has been my savior on several occasions. The site is easy to maneuver and the data is in a format that can go right into a report or presentation.Marlene Greenfield
Vice President, Hearst Magazines
Statistics on "Silver"
- Global overview
The most important statistics
- Silver reserves worldwide as of 2018, by country (in 1,000 metric tons)Silver reserves worldwide by country 2018
- Global mine production of silver from 2005 to 2018 (in metric tons)World silver mine production 2005-2018
- Major countries in worldwide silver mine production from 2010 to 2018 (in metric tons)Silver production in major countries 2010-2018
- Leading silver producing countries worldwide in 2018 (in million ounces)Leading global silver producing countries 2018
- Major countries based on silver export value in 2018 (in billion U.S. dollars)Silver export value of major countries 2018
- Leading primary silver mines worldwide in 2018 (in million ounces)Leading global primary silver mines 2018
- Distribution of silver production worldwide from 2011 to 2018, by primary source metalDistribution of global silver production by primary source metal 2011-2018
- Leading primary producers
The most important statistics
- Leading silver mining companies worldwide in 2018 (in million ounces)Leading silver producing companies worldwide 2018
- Revenue of Fresnillo plc from 2008 to 2018 (in million U.S. dollars)* Revenue of Fresnillo 2008-2018
- Silver production of Fresnillo plc from 2008 to 2018 (in million ounces)Annual silver production of Fresnillo 2008-2018
- Glencore's total revenue from 2008 to 2018 (in million U.S. dollars)*Glencore's total revenue 2008-2018
- Glencore's sales volume of silver from 2013 to 2018 (in million ounces)Glencore's volumes sold of silver 2013-2018
- Total revenue of Goldcorp from 2007 to 2018 (in million U.S. dollars)*Goldcorp's total revenue 2007-2018
- Silver production of Goldcorp from 2010 to 2018 (in 1,000 ounces)Goldcorp's silver production 2010-2018
- Annual revenue of Polymetal International from 2012 to 2017 (in million USD)Polymetal International's annual revenue in 2012-2017
- United States
The most important statistics
- Mine production of silver in the United States from 2005 to 2018 (in metric tons)U.S. silver mine production 2005-2018
- Silver production value in the United States from 2005 to 2015 (in million U.S. dollars)*U.S. silver production value 2005-2015
- Silver mine production in the United States from 2009 to 2015, by state (in 1,000 kilograms)U.S. silver mine production 2009-2015, by state
- Refinery silver production in the United States from 2007 to 2018 (in metric tons)U.S. refinery silver production 2007-2018
- Employment in silver mines and mills in the United States from 2008 to 2018*Employment in U.S. silver mines and mills 2008-2018
- Silver imports for consumption in the United States from 2008 to 2018 (in metric tons)*U.S. silver imports for consumption 2008-2018
- Distribution of silver imports to the United States between 2013 and 2016, by country of origin*Distribution of U.S. silver imports by country 2013-2016
- Exports of silver from the United States from 2008 to 2018 (in metric tons)*Silver exports from the U.S. 2008-2018
- Supply, demand, price
The most important statistics
- Silver supply worldwide in 2018, by source (in million ounces)Global silver supply by source 2018
- Global silver demand in 2018 by purpose (in million ounces)Global silver demand by purpose 2018
- Annual changes for world silver demand by region in 2017 compared to 2016 (in million ounces)World silver demand annual changes by region 2017
- Annual change percentage for world silver demand in 2017 compared to 2016 by sector*World physical silver demand change percentage by sector 2017
- Average Comex spot price of silver from 1975 to 2018 (in U.S. dollars per ounce)Average Comex spot price of silver 1975-2018
- Average London fix price of silver from 1975 to 2018 (in U.S. dollars per ounce)Average London fix price of silver 1975-2018
- Average prices for silver worldwide from 2014 to 2025 (in nominal U.S. dollars per troy ounce)Average prices for silver worldwide from 2014 to 2025
- Returns on silver investments from 2008 to 2018Rate of return on silver investments worldwide 2018
Discover Statista
Need help with using Statista for your research?
Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Statistics
- Mexico: silver production value 2010-2018
- Silver reserves in Canada 1980-2016
- Mexico: silver mine production volume 2010-2018
- Mexico: silver mine production 2014-2020
- Supply of mined silver in India 2010-2016
- World silver supply distribution by source 2014
- Demand for industrial silver in India 2010-2016
- Demand for silverware in India 2010-2016
- Change world silver fabrication 2013-2014
- Germany: monthly value of silver imports 2017
- Global silver deals 2012
- Russia: monthly value of silver exports 2017-2018
- Value of silver exports from India FY 2015- FY 2017
- Turkey: monthly value of silver exports 2017-2018
- Italy: monthly value of silver exports 2017-2018
- Top silver producing companies 2010
- Silver export volume from Belgium 2008-2014
- Silver shipment volume in Japan 2011-2016
- Water and sewage technology - leading exporting nations 2011
Studies
- Silver
- World Silver Survey 2019
- 2015 Minerals Yearbook - Silver (Advanced Release)
- World Silver Survey 2018
- World Silver Survey 2017
- 2012 Minerals Yearbook - Silver (Advanced Release)
- 2011 Minerals Yearbook - Silver (Advanced Release)
- 2013 Minerals Yearbook - Silver (Advanced Release)
- World Silver Survey 2016
- 2014 Minerals Yearbook - Silver (Advanced Release)
- Gold
- 2016 Minerals Yearbook - Gold (Advanced Release)
- 2015 Minerals Yearbook - Gold (Advanced Release)
- GFMS Gold Survey 2019
- Goldcorp - Annual Report 2018
Statistics on "Silver"
- Silver reserves worldwide as of 2018, by country (in 1,000 metric tons)
- Global mine production of silver from 2005 to 2018 (in metric tons)
- Major countries in worldwide silver mine production from 2010 to 2018 (in metric tons)
- Leading silver producing countries worldwide in 2018 (in million ounces)
- Major countries based on silver export value in 2018 (in billion U.S. dollars)
- Leading primary silver mines worldwide in 2018 (in million ounces)
- Distribution of silver production worldwide from 2011 to 2018, by primary source metal
- Leading silver mining companies worldwide in 2018 (in million ounces)
- Revenue of Fresnillo plc from 2008 to 2018 (in million U.S. dollars)*
- Silver production of Fresnillo plc from 2008 to 2018 (in million ounces)
- Glencore's total revenue from 2008 to 2018 (in million U.S. dollars)*
- Glencore's sales volume of silver from 2013 to 2018 (in million ounces)
- Total revenue of Goldcorp from 2007 to 2018 (in million U.S. dollars)*
- Silver production of Goldcorp from 2010 to 2018 (in 1,000 ounces)
- Annual revenue of Polymetal International from 2012 to 2017 (in million USD)
- Silver production of Polymetal International from 2012 to 2017 (in million ounces)
- Mine production of silver in the United States from 2005 to 2018 (in metric tons)
- Silver production value in the United States from 2005 to 2015 (in million U.S. dollars)*
- Silver mine production in the United States from 2009 to 2015, by state (in 1,000 kilograms)
- Refinery silver production in the United States from 2007 to 2018 (in metric tons)
- Employment in silver mines and mills in the United States from 2008 to 2018*
- Silver imports for consumption in the United States from 2008 to 2018 (in metric tons)*
- Distribution of silver imports to the United States between 2013 and 2016, by country of origin*
- Exports of silver from the United States from 2008 to 2018 (in metric tons)*
- Apparent silver consumption in the United States from 2008 to 2018 (in metric tons)*
- Silver supply worldwide in 2018, by source (in million ounces)
- Global silver demand in 2018 by purpose (in million ounces)
- Annual changes for world silver demand by region in 2017 compared to 2016 (in million ounces)
- Annual change percentage for world silver demand in 2017 compared to 2016 by sector*
- Average Comex spot price of silver from 1975 to 2018 (in U.S. dollars per ounce)
- Average London fix price of silver from 1975 to 2018 (in U.S. dollars per ounce)
- Average prices for silver worldwide from 2014 to 2025 (in nominal U.S. dollars per troy ounce)
- Returns on silver investments from 2008 to 2018
- Production value of silver in Mexico from 2010 to 2018 (in billion Mexican pesos)
- Silver reserves in Canada from 1980 to 2016 (in metric tons)*
- Mine production of silver in Mexico from 2010 to 2018 (in metric tons)
- Mine production of silver in Mexico from 2014 to 2020 (in million ounces)
- Supply of mined silver in India from 2010 to 2016 (in million troy ounces)
- World silver supply distribution in 2004 and 2014, by source
- Demand for industrial silver in India from 2010 to 2016 (in million troy ounces)
- Demand for silverware in India from 2010 to 2016 (in million troy ounces)
- Change in world silver fabrication in 2014 compared to 2013 (in million ounces)
- Monthly value of silver imports into Germany from January to July 2017 (in million U.S. dollars)
- Key figures for silver deals worldwide in 2012
- Monthly value of silver exports from Russia from January 2017 to March 2018 (in million U.S. dollars)
- Export value of silver from India from FY 2015 to FY 2017 (in million U.S. dollars)
- Monthly value of silver exports from Turkey from January 2017 to July 2018 (in million U.S. dollars)
- Monthly value of silver exports from Italy from January 2017 to April 2018 (in U.S. dollars)
- Silver production by the world's top companies in 2010 (in metric tons)
- Volume of silver exported from Belgium from 2008 to 2014 (in kilograms)
- Shipment volume of silver in Japan from 2011 to 2016 (in thousand kilograms)
- Leading exporting nations of water and sewage technology in 2011 (in million euros)
Statista Accounts:
Access All Statistics. Starting from $588 / Year
Related topics
About Statista
Statista offers dossiers and reports on over 170 industries. With Statista you are always able to make informed decisions and boost your work efficiency.
Internet & Telecommunications
- Social Media
- E-Commerce
- Online Video & Entertainment
- Advertising & Marketing
Consumer Goods & FMCG
- Alcoholic Beverages
- Cleaning Products
- Cosmetics & Personal Care
- Food & Nutrition
Retail & Trade
- Health & Hygiene
- International Trade
- Shopping Behavior
- Sports & Leisure
Travel, Tourism & Hospitality
- Business Travel
- Leisure Travel
- Accomodation
- Restaurants
Society
- Demographics
- Economy
- Education & Science
- Politics & Government
Transportation & Logistics
- Aviation
- Rail Transport
- Vehicles & Road Traffic
- Water Transport
Please log in to access our additional functions
Register in seconds and access exclusive features.
Basic Account
|
Instant Access
Premium Account
| ||
|---|---|---|---|
Our services
Click the question mark for further information | Free |
$49 per month* | |
| Basic statistics | |||
| Premium statistics | |||
|
Graph download
| |||
| Download PDF | |||
|
Excel download
| |||
| Register | Purchase now | ||
*Duration: 12 months, billed annually, single license
Yes, let me download!
...and make my research life easier.
Exclusive Corporate feature
This feature is limited to our corporate solutions.
Please contact us to get started with full access to dossiers, forecasts, studies and international data.
Corporate Account
We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. For details, please see your browser’s Help section (by pressing F1). Please see our privacy statement for details about how we use data.