LogFAQs > #941154657

You don't tend to see heavy spikes with Ag bullion unless something big is happening. Normally it stays around the same range, but the highest price per ounce silver has ever been has been $49-50. In 1980 when the Hunt Bros. tried to corner the silver market(and failed spectacularly) and in 2011 during the fallout from the economic crisis around that time. The goal for me is to wait until it gets there again, or trends upward, and then sell off some stuff.

With Coronavirus you saw it dip to a recent low only to come back up to now around $18 an ounce. I tend to not worry or care about day to day fluctuations unless I feel like prices are getting to where i'd want to buy again.

Here is a brief historical price chart

https://sdbullion.com/silver-price-history