Silver Price in the 1960s

YEARS THE PRICE DID NOT MOVE, US DOLLARS PER TROY OUNCE.


$0.90 to $1.30 per troy oz, 1960, 1964, 1965 and 1966

The silver price did not change within any of these years: every month of 1960, 1964, 1965 and 1966 has the same monthly average. In these years the United States government held the silver price steady: it supported the price at about 90 cents an ounce in 1960, and its silver sales capped the market near $1.29 an ounce until 1967. Within a year the monthly average did not move.

By year

Silver price in 1960, 1964, 1965 and 1966

YearPrice per ozIn 2025 dollars
1960$0.90$9.79
1964$1.30$13.50
1965$1.30$13.29
1966$1.30$12.92

Inflation data: U.S. Bureau of Labor Statistics, CPI-U all items, U.S. city average (series CUUR0000SA0), annual average. The adjustment reflects general consumer prices only.

Other years

Silver price in other years

1967   Silver price by year, 1960 to 2025   Live silver price

Questions

Quick answers

What was the price of silver in 1960, 1964, 1965 and 1966?

1960: $0.90. 1964: $1.30. 1965: $1.30. 1966: $1.30 per troy ounce. The monthly average was the same in every month of each of those years.

Why did the silver price not change in the 1960s?

In these years the United States government held the silver price steady: it supported the price at about 90 cents an ounce in 1960, and its silver sales capped the market near $1.29 an ounce until 1967. Within a year the monthly average did not move.

What are these prices in today's dollars?

Using the U.S. consumer price index (CPI-U), $0.90 in 1960 equals about $9.79 in 2025 dollars. This only adjusts for general consumer prices.

Where does this data come from?

Monthly averages are from the World Bank Commodity Price Data (the Pink Sheet), published under CC BY 4.0.

Source: The World Bank, Commodity Price Data (The Pink Sheet), October 2026 release, CC BY 4.0. Historical prices are for information, not a quote.