The answer to this question depends on whether you are interested in the price of silver in GBP or USD. Examine any silver price chart in Pounds Sterling for the past 20 years and April 2011 stands out as the peak spot price for silver reaching £30.06 per oz (£966.45 per Kg) on 28 April 2011 with the highest daily price (formerly known as the London Fixing) achieving £29.26 per oz (£940.73 per Kg) on the same day. In US Dollars silver hit its current all time high of $49.45 per Oz ($1,589.85 per Kg) on 18 January 1980 when the Hunt brothers tried to corner the silver market by purchasing physical silver bullion and silver futures contracts which ultimately ended in their failure and the price falling by two thirds to less than $15 per Oz ($482 per Kg) by 15 April 1980.