Silver up 207% in 10 years, but 56% below January peak
From about $17.50 in October 2016 to $53.80 now. The ride: a 2025 melt-up of nearly 150%, an all-time high of $121.64 on 29 Jan 2026, then a slide that has taken silver to its lowest since November 2025.
Spot silver
$53.80
-1.45% today
10-yr change
+207%
vs ~$17.50, Oct 2016
10-yr CAGR
~11.9%
annualised, price only
All-time high
$121.64
29 Jan 2026
From peak
-55.8%
drawdown
1 month
-15.7%
1 year: +10.7%
Silver price path, Oct 2016 – Oct 2026
Year-end closes plus key milestones (not a daily series). Hover for dates.
Calendar-year returns
Year-end to year-end, %. 2026 is year-to-date.
Turning points
What moved the price
Mar 2020Covid crash takes silver to about $12, the decade's low
Oct 2025Breaks the 1980 / 2011 record near $50, first time in 45 years
29 Dec 2025Spot record about $84, then year ends near $71.5
29 Jan 2026All-time high $121.64
30 Jan 2026Biggest one-day fall in decades, to about $75 intraday
23 Oct 2026$53.80 as tech selloff and oil-led rate fears hit metals
Year-by-year table
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Year
Close ($/oz)
Return
Tag
Where next?
Trading Economics model forecasts, not a recommendation