How much would I haveif…

If I'd invested in silver since 2004

$1,000 put into silver at the end of 2004 would be worth about $4,294 today — a 4.29× return, or roughly 7.6% a year. Change the amount below to run your own number.

You'd have

$4,294

from $1,000 invested up 329%.

Multiple4.29×
Per year7.6%
In today's $$2,592
ounces held147.06 ounces
20042024

The story behind the number

Best year+84%2010
Worst year−35%2013
Steepest drop−55%2010→2015
vs S&P 5001.43× behindS&P 500 → $6,137

Silver since 2004 has been a bumpy road. $1,000 put in at the end of 2004 grew to $4,294 — a 4.29× return, or about 7.6% a year. The S&P 500 actually did better over the same years, turning that $1,000 into $6,137 — about 1.43× what this returned.

The ride mattered as much as the destination. The strongest single year was 2010, up 84%; the worst was 2013, down 35%.

Holding on took nerve: the position fell as much as 55% from its 2010 peak to its 2015 low and had not fully reclaimed that peak by the end of the window. Inflation takes a bite, too — consumer prices rose about 74% over the period, so in today's money the result is closer to 2.59× what you put in.

Common questions

How much would I have if I'd invested $1,000 in silver in 2004?
$1,000 invested in silver at the end of 2004 would be worth about $4,294 today — a 4.29× return, or roughly 7.6% per year.
What were the best and worst years for silver since 2004?
The best year was 2010, up about 84%. The toughest was 2013, when it fell about 35%. Across the window, 8 of 20 years finished lower than they started.
What was the biggest drop along the way?
The steepest decline was about 55%, from a peak in 2010 to a low in 2015, a level it had not fully recovered by the latest data.
Would I have done better in S&P 500?
Yes — the S&P 500 turned $1,000 into about $6,137, versus $4,294 for silver over the same window.

The chart above shows the whole journey, not just the destination. Try switching to a bit each year to see how spreading your buying would have changed the outcome — or skip the latte to find out what a small daily habit could have grown into instead.

Compare silver head-to-head since 2004

More silver scenarios

All silver years →

What else, since 2004?