Silver in August: Every August Since 1971
Silver has risen in 24 of 56 Augusts since 1971 (43%, against 49% for all months), with an average change of 0.0% and a median of −0.8%. Its best August was 2013 (+18.6%) and its worst 2008 (−21.3%). August ranks 9 of 12 by average change.
Silver in every August, 1971–2026
% change in the monthWhat happens in September after August
How often September rose after silver ended August higher or lower, compared with all months (49% rose).
After a higher August
InconclusiveAfter silver ends August higher, September has risen 50% of the time since 1971 (12 of 24), against 49% for all months, with an average change of +3.2% and a median of 0.0%: no meaningful pattern.
After a lower August
InconclusiveAfter silver ends August lower, September has risen 56% of the time since 1971 (18 of 32), against 49% for all months, with an average change of +1.0% and a median of +1.3%: a difference, but too few cases to rule out chance.
"Momentum" or "rebound" only when the share differs from all months by at least 5 percentage points, with at least 20 cases, and by more than chance would explain (95% confidence); otherwise "inconclusive". With one month a year, most single-month differences are within chance. The same figures for every month together: silver seasonality.
Silver in August, Year by Year
Month-end close and the change in August, with September next to it.
| Year | Close, end of August | August | September after |
|---|---|---|---|
| 2026 | $66.22 | +15.0% | −9.2% |
| 2025 | $40.20 | +10.0% | +15.1% |
| 2024 | $28.73 | −0.2% | +8.5% |
| 2023 | $24.47 | −1.5% | −9.1% |
| 2022 | $17.76 | −11.9% | +6.7% |
| 2021 | $23.96 | −6.1% | −8.1% |
| 2020 | $28.44 | +17.6% | −17.6% |
| 2019 | $18.19 | +11.3% | −7.1% |
| 2018 | $14.44 | −6.9% | +1.3% |
| 2017 | $17.55 | +4.7% | −5.2% |
| 2016 | $18.61 | −8.3% | +2.9% |
| 2015 | $14.63 | −0.9% | −1.0% |
| 2014 | $19.49 | −4.5% | −12.5% |
| 2013 | $23.64 | +18.6% | −8.3% |
| 2012 | $30.52 | +8.2% | +13.5% |
| 2011 | $41.35 | +4.3% | −26.4% |
| 2010 | $18.87 | +6.9% | +17.0% |
| 2009 | $14.90 | +9.3% | +10.4% |
| 2008 | $13.76 | −21.3% | −5.8% |
| 2007 | $11.95 | −7.6% | +14.2% |
| 2006 | $12.60 | +10.1% | −8.3% |
| 2005 | $6.74 | −5.7% | +11.7% |
| 2004 | $6.74 | +5.0% | −1.0% |
| 2003 | $5.11 | +0.6% | +0.2% |
| 2002 | $4.57 | −1.9% | −0.9% |
| 2001 | $4.20 | −0.5% | +9.3% |
| 2000 | $4.91 | −0.8% | −0.4% |
| 1999 | $5.08 | −6.8% | +9.8% |
| 1998 | $4.79 | −13.4% | +12.5% |
| 1997 | $4.63 | +3.1% | +13.0% |
| 1996 | $5.15 | +0.8% | −5.6% |
| 1995 | $5.26 | +4.2% | +4.6% |
| 1994 | $5.36 | +1.2% | +4.9% |
| 1993 | $4.84 | −8.6% | −16.8% |
| 1992 | $3.72 | −5.9% | +1.3% |
| 1991 | $3.82 | −6.2% | +8.4% |
| 1990 | $4.83 | −0.5% | −0.7% |
| 1989 | $5.07 | −1.5% | +4.2% |
| 1988 | $6.46 | −5.0% | −4.5% |
| 1987 | $7.55 | −9.3% | +1.3% |
| 1986 | $5.17 | +2.5% | +6.8% |
| 1985 | $6.25 | −1.4% | −3.1% |
| 1984 | $7.45 | +4.7% | −0.1% |
| 1983 | $11.99 | −1.3% | −6.3% |
| 1982 | $7.73 | +16.5% | +6.0% |
| 1981 | $9.15 | +7.6% | −2.2% |
| 1980 | $16.06 | +1.8% | +27.7% |
| 1979 | $10.32 | +13.6% | +57.5% |
| 1978 | $5.53 | −0.8% | +2.5% |
| 1977 | $4.45 | −1.6% | +4.4% |
| 1976 | $4.11 | −9.6% | +6.9% |
| 1975 | $4.63 | −7.4% | −4.2% |
| 1974 | $4.12 | −14.1% | +3.1% |
| 1973 | $2.60 | −5.9% | +3.9% |
| 1972 | $1.91 | +4.4% | −8.9% |
| 1971 | $1.50 | −5.7% | −8.4% |
In the calendar in August
- The Fed's Jackson Hole symposium in late August.
Events that fall in the month; they do not explain any single year's move.
Silver by Month
Silver in August: FAQ
Is August a good month for silver?
Silver has risen in 43% of Augusts since 1971 (24 of 56), against 49% for all months, with an average change of 0.0%. August ranks 9 of 12 months by average change. In the last 10 years it rose 5 times. Seasonal patterns are not a reliable guide to any single year.
What was silver's best August?
2013, when silver rose 18.6%. The worst was 2008 (−21.3%).
What happens to silver in September after a higher August?
After silver ends August higher, September has risen 50% of the time since 1971 (12 of 24), against 49% for all months, with an average change of +3.2% and a median of 0.0%: no meaningful pattern.
What happens to silver in September after a lower August?
After silver ends August lower, September has risen 56% of the time since 1971 (18 of 32), against 49% for all months, with an average change of +1.0% and a median of +1.3%: a difference, but too few cases to rule out chance.
History, not advice: past monthly patterns do not predict any single month. Data to 26 October 2026.
Cite this page
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@misc{corgano2026silverinaugustevery, author = {{Corgano}}, title = {Silver in August: every August since 1971}, howpublished = {\url{https://silverprice.corgano.com/silver-in-august}}, year = {2026}, note = {Corgano Silver Price, accessed 2026-10-27}}