Loading ...Silver High: Where Was it in 1980, How Did it Develop in 2011 — And is a Bear Market Looming?
Most recently, in October 2025, the silver price rose above $50 per troy ounce. Silver had already reached this level in 1980 and then again in 2011. On both occasions, this was followed by a prolonged decline in prices. Some investors are therefore wondering whether such a decline is looming again. To answer this question, let us first take a closer look at the situation at that time.
However, this raises the next question: What were the peak prices back then? Because for 1980, this is anything but clear. This has now sparked further discussion. Let’s examine these questions using databases and contemporary accounts and take a closer look at the circumstances surrounding previous silver highs.