This statistic depicts the average monthly prices for silver worldwide from January 2014 through January 2025. In January 2025, the average monthly price for silver worldwide stood at 30.41 nominal U.S. dollars per troy ounce.

Dataset of historical annual silver prices from 1970 to 2022, including significant events and acts that impacted silver prices.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Predicting Silver Prices with Machine Learning: Promising Approaches and Considerations

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

The price of an ounce of silver increased sharply in 2021, rising around 17 percent from January 28 to February 1. The cause of this increase is attributed to retail investors mobilized via social media with the intention of causing losses to professional investors, similar to the rise in the stock price of video game retailer GameStop, and the stock price of cinema operator AMC several days beforehand. As of midnight July 18, 2023, the price of silver was trading at 24.9 U.S. dollars per troy ounce.

Access global Silver prices in locations such as Global, Europe. Includes monthly historical series and forecasts. Delivered via online charts, Excel, Power BI, and API. Free preview.

First Majestic Silver reported 0.34 in Dividend Yield for its fiscal quarter ending in March of 2025. Data for First Majestic Silver | FR - Dividend Yield including historical, tables and charts were last updated by Trading Economics this last June in 2025.

This statistic depicts the average annual prices for silver from 2014 through 2026*. In 2023, the average price for silver stood at 23.4 nominal U.S. dollars per troy ounce.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Philadelphia Gold and Silver Index: The Future of Precious Metals?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

In 2024, the average nominal price of silver in India was ****** Indian rupees for one kilogram, which was an increase of over ****** rupees from the previous year, and the highest figure during the period of consideration.

According to Cognitive Market Research, the global silver bullion market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The US had the most significant global silver bullion market revenue share in 2024.

Market Dynamics of Silver Bullion Market

Key Drivers of Silver Bullion Market

Increasing Demand for Safe Haven Investments

The increasing wish for safe haven investments is driving the market for silver bullion to continue growing. Investors look for assets that deliver stability and wealth preservation throughout difficult economic, geopolitical, and market situations. Due to its inherent worth and historical importance as a wealth vault, silver is drawing more and more attention from investors trying to diversify their holdings and protect themselves from inflation and currency depreciation. The COVID-19 pandemic's aftereffects, trade disputes, and geopolitical tensions have all contributed to the current state of the global economy, which has raised investor anxieties and increased demand for silver bullion. Concerns about possible inflationary pressures are developing as governments execute large stimulus programs and central banks adopt loose monetary policies; this is pushing investors into physical assets like silver.

Increasing Industrial Applications Will Promote Market Expansion

The market for silver bullion is also expected to rise significantly due to the growing number of industrial uses. Due to its special qualities, which include its high conductivity, malleability, and resistance to corrosion, silver is used in a wide range of industries, including electronics, healthcare, automotive, and renewable energy. The industrial demand for silver is anticipated to grow in the upcoming years due to technological developments and advancements boosting demand in developing applications including solar panels, electric vehicles, and 5G technology. Silver's industrial demand is further bolstered by its antibacterial characteristics, which render it increasingly desirable in therapeutic applications. The market for silver bullion is expected to increase steadily as long as industries keep innovating and creating new goods that need silver. Investors who are eager to profit from the growing industrial need for this precious metal will be drawn to this market.

Restraint Factors Of Silver Bullion Market

Volatility in Precious Metal Prices will hinder market growth.

The price volatility of precious metals can have a substantial impact on the development of the silver bullion market. The price of silver can vary due to changes in currency values, geopolitical tensions, and global economic conditions. Investors get indeterminate as a result of these swings, which could make them unwilling to buy silver bullion. Investors who bought silver at higher prices may lose money as a result of abrupt price reductions, which could affect market liquidity and confidence. Businesses that use silver as a raw resource, such as manufacturers, face difficulties due to the unpredictable nature of silver pricing. Businesses may find it challenging to correctly manage expenses and plan production schedules in the face of shifting silver prices. Price variations can disrupt the supply chain, as suppliers and buyers are driving the changing market conditions.

Market participants may use hedging techniques or look for alternate investments to lessen the impact of price volatility, which could result in money being taken out of...

In 2005, the annual average price for one ounce of the precious metal silver on the Comex exchange was 7.33 U.S. dollars. By 2023, the annual average price of silver grew to 23.58 U.S. dollars per ounce.

The U.S. silver market rose remarkably to $7.5B in 2024, picking up by 6.4% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $7.5B in 2012; afterwards, it flattened through to 2024.

The unwrought silver price in April 2023 was $869K per ton (FOB, Mexico), representing a 5% increase from the previous month.

Silver Price: USD data was reported at 14.560 USD/oz in Sep 2018. This records a decrease from the previous number of 14.910 USD/oz for Aug 2018. Silver Price: USD data is updated monthly, averaging 6.100 USD/oz from Dec 1985 (Median) to Sep 2018, with 394 observations. The data reached an all-time high of 48.150 USD/oz in Apr 2011 and a record low of 3.558 USD/oz in Feb 1993. Silver Price: USD data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.P001: Precious Metals Prices.

First Majestic Silver reported CAD3.43B in Market Capitalization this June of 2025, considering the latest stock price and the number of outstanding shares.Data for First Majestic Silver | FR - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last June in 2025.

First Majestic Silver price/book ratio from 2010 to 2024. Price/book ratio can be defined as

Content

Historical daily prices of gold and silver since 1962 to now. Price per ounce in USD.

Acknowledgements

Data obtained from LBMA

Inspiration

You try different things on this dataset:

• predict the future price of gold and silver
• study the correlation between gold and silver
• combine with other datasets such as stocks and crypto currencies datasets to get insightsLBMA

NCDEX: Spot Price: Silver: New Delhi: First Session data was reported at 96,189.300 INR/kg in 14 May 2025. This records a decrease from the previous number of 96,796.100 INR/kg for 13 May 2025. NCDEX: Spot Price: Silver: New Delhi: First Session data is updated daily, averaging 88,446.600 INR/kg from Jan 2024 (Median) to 14 May 2025, with 333 observations. The data reached an all-time high of 100,291.250 INR/kg in 28 Mar 2025 and a record low of 68,902.900 INR/kg in 14 Feb 2024. NCDEX: Spot Price: Silver: New Delhi: First Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB001: Commodities Spot Price: National Commodity & Derivatives Exchange Limited.

Mag Silver reported CAD2.66B in Market Capitalization this May of 2025, considering the latest stock price and the number of outstanding shares.Data for MAG Silver | MAG - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last May in 2025.

Bullion Price: Monthly Average: Mumbai: Silver data was reported at 95,524.000 INR/kg in Feb 2025. This records an increase from the previous number of 90,020.000 INR/kg for Jan 2025. Bullion Price: Monthly Average: Mumbai: Silver data is updated monthly, averaging 19,356.000 INR/kg from Apr 1990 (Median) to Feb 2025, with 419 observations. The data reached an all-time high of 95,524.000 INR/kg in Feb 2025 and a record low of 5,554.000 INR/kg in Mar 1993. Bullion Price: Monthly Average: Mumbai: Silver data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.PG002: Memo Items: Bullion Price.