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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Silver prices - The $100 history

Posted on 22 August 2013

Step into the “Wayback Machine” and journey back in time to: 1932: Silver was selling for about $0.25 per ounce (average annual price per Kitco.com). Our $100 bill would buy about 400 ounces.
1962: Silver was selling for about $1.20 per ounce. Our $100 bill would buy about 83 ounces. 1982: Silver was selling at about $10.60 per ounce. Our $100 bill would buy about 9 ounces. (Early in 1980 silver spiked to about $50 per ounce for a day or so and then crashed.)……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 37188 posts on Opalesque Commodities Briefing.


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