Silver Value Calculator by Weight and Year

Here’s a comprehensive table showing the silver value by weight and year, based on the average closing price data provided:

Year	Price per Ounce (USD)	Price per Gram (USD)	Price per Kilogram (USD)
2024	27.96	0.90	898.93
2023	23.40	0.75	752.32
2022	21.76	0.70	699.92
2021	25.14	0.81	808.28
2020	20.69	0.67	665.21
2019	16.22	0.52	521.50
2018	15.71	0.51	505.10
2017	17.07	0.55	548.82
2016	17.17	0.55	552.03
2015	15.66	0.50	503.49
2010	20.19	0.65	649.13
2005	7.31	0.24	235.02
2000	4.95	0.16	159.15
1995	5.20	0.17	167.18
1990	4.83	0.16	155.29
1985	6.13	0.20	197.08
1980	20.98	0.67	674.53
1975	4.43	0.14	142.43
1970	1.77	0.06	56.91

This table provides a comprehensive overview of silver prices across different weights and years. Here are some key points to note:

1. The prices are based on the average closing price for each year.
2. Conversion rates used:
   • 1 ounce = 31.1035 grams
   • 1 kilogram = 1000 grams
3. The highest average price in this dataset was in 2024 at $27.96 per ounce.
4. The lowest average price shown is in 1970 at $1.77 per ounce.
5. There was a significant price spike in 1980 ($20.98 per ounce) before prices fell again in the following years.
6. Prices have generally trended upward since 2000, with some fluctuations.

It’s important to note that silver prices can be volatile and are influenced by various factors including economic conditions, industrial demand, and investment trends1. 

The current price of silver as of November 14, 2024, is $30.38 per ounce, which is higher than the 2024 average shown in the table1.

For investors or collectors interested in silver, it’s crucial to consider these historical price trends along with current market conditions and future projections when making decisions2. 

Remember that past performance does not guarantee future results, and silver prices can be subject to significant short-term fluctuations.