Silver Set Melt Values End Four-Week Slide As Precious Metal Jumps

Silver prices rose for the week bringing along Silver Set Melt Values ending a slide down that had been occurring for the previous four weeks. The London Fix for Silver for Friday, March 30, 2012 was $32.43 an ounce.

This equaled a weekly increase of $0.89 an ounce from last week’s Friday Fix for the precious metal. For reference, that Fix was $31.54.

Precious Metals Prices
March 30, 2012
London Fix
Weekly Change


The four precious metals in the chart above split as two rose for the week and two declined. Silver led with its 2.8% increase followed by platinum with a 1.4% jump. Gold ended almost even with a slight drop of 0.1% with palladium ending down 1.1%.

Silver actually had Fixings higher during the week then where it ended, but it also showed a lower daily Fix. Monday, the London Fix was $32.23, up from the previous Friday’s $31.54 an ounce. The increase continued on Tuesday with $33.01 before falling on Wednesday to $32.43 and down more on Thursday with $31.79. It rebounded on Friday to the aforementioned $32.43 an ounce.

At $32.43, silver is still down 12.9% from its 2012 high established on February 29th of $37.23 an ounce. It is up, however, 11.3% from the 2012 low established on January 3rd of $28.78 an ounce.

The chart below offers current melt values based on the Fix for Friday, March 30, 2012 and a comparison to those values based on last week’s silver price.

Weekly Silver Coin Melt Value Comparisons

Last Week’s Silver Melt Value
This Week’s Silver Melt Value
Jefferson Nickel (1942-1945)
Barber Dime (1892-1916)
Mercury Dime (1916-1945)
Roosevelt Dime (1946-1964)
Barber Quarter (1892-1916)
Standing Liberty Quarter (1916-1930)
Washington Quarter (1932-1964)
Barber Half Dollar (1892-1915)
Walking Liberty Half Dollar (1916-1947)
Franklin Half Dollar (1948-1963)
Kennedy Half Dollar (1964)
Kennedy Half Dollar (1965-1970)
Morgan Dollar (1878-1921)
Peace Dollar (1921-1935)
Eisenhower Dollar (1971-1976)
American Silver Eagle
America the Beautiful 5 Oz. Silver Coins


Check Silver Coin Melt Values for fresh coin values based on the latest silver prices.


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