Silver 5 year charts of price, performance and historical outlook

 

Silver is often referred as an investment alternative of gold. However silver's market is not completely similar to gold's market ? there are a lot of different background factors affecting silver's price.

(Differences between gold and silver are highlighted in the 5 year gold-silver comparison charts.)

 

 

 

 

 

5 year price chart of silver*

 

5 year rrice chart of 1 oz silver in London

(Chart updated every day.)

The unit of silver above is 1 oz / 1 troy ounce = 31.10348 g (Troy ounce = 1/12 troy pound. Its a measure of precious metals.).

You can find other silver charts from intraday up to 3 year here.

Silver's long term yield chart**

People often say that long term investments carry less risk than short term ones (this is true whether you choose any of the 3 ways to make money on silver).

As you can see, silver has yielded nice long term returns in the past five years. However long term return has started to decrease recently - just like silver price:

 

Silver's 5 year yield chart

What can you see on this chart?

You can calculate silver's 1 month return from silver's price today and silver's price 30 days ago. You can also do the same calculation for yesterday and silver's price 31 days ago etc. If you do this calculation for each days, you will get a curve of silver's 1 month yield. The same applies to other yield periods from three months to five years.

This chart shows each yield curve in the past 5 years. It helps you to highlight how stable profits were.

Similar charts of the past 10 year can be found here.

Historical peaks of silver price ? long term outlook

Financial crysis has also boosted silver's price in the past 5 years. But is cca. 50$ too much for 1 oz of silver in 2010's? Was silver worth more in the past?

Past nominal silver price is hard to compare to current price because 1 USD had different value back in 1980 due to the inflation. So chart below*** shows 2 curves:

  • nominal silver price
  • silver price adjusted by consumer price index

As you can see, current peak is far from silver's peak value on Silver Thursday in 1980. On the other hand this does not mean that silver price will have to go higher - past behaviour does not represent any guarantee for future performance.

Historical silver price in USD vs. inflation adjusted silver price in USD.

*chart provided by metalprices.com

**charts have been created by using Chartoasis Sesame. If you feel like analyzing silver's historical prices, you can do that for free at www.chartoasis.com/sesame . You can download silver's historical data using this step-by-step guide.

***source of chart is http://en.wikipedia.org/wiki/File:Silver_price_in_USD.png


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