Silver in March: Every March Since 1971
Silver has risen in 24 of 56 Marchs since 1971 (43%, against 49% for all months), with an average change of −0.3% and a median of −0.7%. Its best March was 2006 (+21.2%) and its worst 1980 (−62.0%). March ranks 11 of 12 by average change.
Silver in every March, 1971–2026
% change in the monthWhat happens in April after March
How often April rose after silver ended March higher or lower, compared with all months (49% rose).
After a higher March
InconclusiveAfter silver ends March higher, April has risen 50% of the time since 1971 (12 of 24), against 49% for all months, with an average change of +2.1% and a median of −0.8%: no meaningful pattern.
After a lower March
InconclusiveAfter silver ends March lower, April has risen 42% of the time since 1971 (13 of 31), against 49% for all months, with an average change of −0.6% and a median of −0.6%: 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 March, Year by Year
Month-end close and the change in March, with April next to it.
| Year | Close, end of March | March | April after |
|---|---|---|---|
| 2026 | $74.69 | −19.4% | −1.5% |
| 2025 | $34.46 | +10.4% | −5.6% |
| 2024 | $24.80 | +9.4% | +6.4% |
| 2023 | $24.08 | +14.9% | +3.8% |
| 2022 | $25.12 | +3.1% | −8.3% |
| 2021 | $24.52 | −7.1% | +5.4% |
| 2020 | $14.10 | −14.0% | +5.7% |
| 2019 | $15.06 | −3.1% | −1.1% |
| 2018 | $16.22 | −0.6% | +0.5% |
| 2017 | $18.25 | −0.2% | −5.8% |
| 2016 | $15.43 | +3.8% | +15.4% |
| 2015 | $16.66 | +0.3% | −3.2% |
| 2014 | $19.75 | −7.0% | −2.9% |
| 2013 | $28.64 | −1.1% | −14.7% |
| 2012 | $32.43 | −12.9% | −3.8% |
| 2011 | $37.87 | +13.1% | +28.3% |
| 2010 | $17.50 | +8.6% | +6.4% |
| 2009 | $13.11 | −0.8% | −3.7% |
| 2008 | $17.99 | −8.3% | −8.4% |
| 2007 | $13.35 | −6.7% | +1.1% |
| 2006 | $11.76 | +21.2% | +6.8% |
| 2005 | $7.19 | −2.2% | −2.9% |
| 2004 | $7.83 | +19.0% | −24.0% |
| 2003 | $4.46 | −3.0% | +3.4% |
| 2002 | $4.68 | +5.4% | −1.7% |
| 2001 | $4.33 | −2.3% | +0.9% |
| 2000 | $4.94 | −3.1% | 0.0% |
| 1999 | $5.03 | −9.9% | +8.2% |
| 1998 | $6.35 | −0.3% | −2.0% |
| 1997 | $5.07 | −4.7% | −7.1% |
| 1996 | $5.53 | 0.0% | −3.6% |
| 1995 | $4.77 | +6.0% | +19.9% |
| 1994 | $5.74 | +9.4% | −7.9% |
| 1993 | $3.89 | +9.1% | +10.5% |
| 1992 | $4.12 | 0.0% | −3.4% |
| 1991 | $3.84 | +4.3% | +2.5% |
| 1990 | $4.97 | −3.0% | −0.6% |
| 1989 | $5.77 | −1.6% | −2.2% |
| 1988 | $6.75 | +10.0% | −4.3% |
| 1987 | $6.31 | +15.3% | +28.9% |
| 1986 | $5.62 | −0.9% | −9.1% |
| 1985 | $6.66 | +16.5% | −5.1% |
| 1984 | $9.65 | +0.1% | −7.1% |
| 1983 | $10.50 | −10.3% | +13.9% |
| 1982 | $7.06 | −9.9% | 0.0% |
| 1981 | $12.33 | −1.6% | −10.3% |
| 1980 | $13.49 | −62.0% | +2.5% |
| 1979 | $7.45 | −3.1% | +2.7% |
| 1978 | $5.35 | +7.6% | −6.5% |
| 1977 | $4.83 | +2.0% | −2.4% |
| 1976 | $4.11 | −1.3% | +7.9% |
| 1975 | $4.28 | −3.3% | +3.5% |
| 1974 | $5.35 | −5.9% | +5.0% |
| 1973 | $2.20 | −9.6% | −2.3% |
| 1972 | $1.56 | +6.3% | +0.6% |
| 1971 | $1.69 | +6.2% | +0.2% |
In the calendar in March
- Canada's RRSP contribution deadline is the 60th day of the year (about 1 March): silver on every RRSP deadline
- Quarter-end on 31 March.
- Gudi Padwa falls in March or April.
Events that fall in the month; they do not explain any single year's move.
Silver by Month
Silver in March: FAQ
Is March a good month for silver?
Silver has risen in 43% of Marchs since 1971 (24 of 56), against 49% for all months, with an average change of −0.3%. March ranks 11 of 12 months by average change. In the last 10 years it rose 4 times. Seasonal patterns are not a reliable guide to any single year.
What was silver's best March?
2006, when silver rose 21.2%. The worst was 1980 (−62.0%).
What happens to silver in April after a higher March?
After silver ends March higher, April has risen 50% of the time since 1971 (12 of 24), against 49% for all months, with an average change of +2.1% and a median of −0.8%: no meaningful pattern.
What happens to silver in April after a lower March?
After silver ends March lower, April has risen 42% of the time since 1971 (13 of 31), against 49% for all months, with an average change of −0.6% and a median of −0.6%: 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
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026silverinmarchevery, author = {{Corgano}}, title = {Silver in March: every March since 1971}, howpublished = {\url{https://silverprice.corgano.com/silver-in-march}}, year = {2026}, note = {Corgano Silver Price, accessed 2026-10-27}}