At the beginning of 1993, the price of silver fell to $3.5 per ounce, which is more than 70 cents according to the current exchange rate of RMB against the US dollar. From 200 1 to 2002, silver also fell to 4. 13 USD/oz, which was converted into paper silver price of about 80 cents. From the recent 10 year to 20 1 1 year, the overall price of silver fluctuated and rose.