Silver Price in February 2012
In February 2012, silver rose 4.1%, from $33.23 at the end of January to $34.58 per troy ounce on February 29, 2012. The highest close was $37.14 on February 28, 2012, the lowest $33.20 on February 17, 2012, and the average over 20 trading days was $34.22. Today's price is 56.8% higher than the February 2012 close.
- Silver rose 4.1% in US dollars in February 2012, leaving it up 24.1% for the year to date.
- Measured in other currencies, the change ranged from −2.7% in INR to +9.7% in JPY, because exchange rates moved too.
- It did better than gold (−1.6%), and worse than US stocks (+4.3%).
- It closed higher on 10 trading days and lower on 10, with an average daily move of 1.55%.
- At the end of the month it was 28.8% below its highest close since 2000.
- Gold/silver ratio: 52.3 → 49.4.
Silver price chart, February 2012
US dollars per troy ounce · daily closeSilver in other currencies, February 2012
| Currency | Change in the month |
|---|---|
| JPY | +9.7% |
| PKR | +5.6% |
| CNY | +3.8% |
| CAD | +3.2% |
| GBP | +2.7% |
| MXN | +2.5% |
| AUD | +2.0% |
| TRY | +2.0% |
| EUR | +1.4% |
| ZAR | −0.5% |
| INR | −2.7% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes silver rise more in local terms.
Silver vs other assets, February 2012
| Asset | Change (USD) |
|---|---|
| Silver | +4.1% |
| Gold | −1.6% |
| S&P 500 (with dividends) | +4.3% |
| US inflation (CPI, month) | +0.44% |
| Silver, year to date (end of February) | +24.1% |
| Gold/silver ratio | 52.3 → 49.4 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, February 2012
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 999 India, ₹ per kg | UAE, AED per kg |
|---|---|---|---|---|---|
| Feb 1Wed | $33.78 | +1.64% | $1.09 | ₹53,756 | AED 3,988.62 |
| Feb 2Thu | $34.15 | +1.10% | $1.10 | ₹53,812 | AED 4,032.66 |
| Feb 3Fri | $33.73 | −1.25% | $1.08 | ₹53,130 | AED 3,982.47 |
| Feb 6Mon | $33.72 | −0.01% | $1.08 | ₹52,749 | AED 3,981.14 |
| Feb 7Tue | $34.17 | +1.31% | $1.10 | ₹53,881 | AED 4,033.44 |
| Feb 8Wed | $33.67 | −1.44% | $1.08 | ₹53,095 | AED 3,975.35 |
| Feb 9Thu | $33.88 | +0.63% | $1.09 | ₹53,542 | AED 4,000.26 |
| Feb 10Fri | $33.58 | −0.91% | $1.08 | ₹53,422 | AED 3,963.90 |
| Feb 13Mon | $33.70 | +0.36% | $1.08 | ₹53,467 | AED 3,978.07 |
| Feb 14Tue | $33.33 | −1.10% | $1.07 | ₹52,703 | AED 3,934.39 |
| Feb 15Wed | $33.39 | +0.18% | $1.07 | ₹52,980 | AED 3,941.47 |
| Feb 16Thu | $33.35 | −0.10% | $1.07 | ₹52,849 | AED 3,937.69 |
| Feb 17Fri | $33.20 | −0.46% | $1.07 | ₹52,605 | AED 3,919.51 |
| Feb 21Tue | $34.41 | +3.65% | $1.11 | ₹54,378 | AED 4,062.71 |
| Feb 22Wed | $34.24 | −0.51% | $1.10 | ₹54,273 | AED 4,042.28 |
| Feb 23Thu | $35.54 | +3.81% | $1.14 | ₹56,245 | AED 4,196.35 |
| Feb 24Fri | $35.33 | −0.60% | $1.14 | ₹55,767 | AED 4,171.32 |
| Feb 27Mon | $35.52 | +0.52% | $1.14 | ₹55,961 | AED 4,192.93 |
| Feb 28Tue | $37.14 | +4.57% | $1.19 | ₹58,716 | AED 4,384.66 |
| Feb 29Wed | $34.58 | −6.88% | $1.11 | ₹54,557 | AED 4,082.78 |
How February usually goes for silver
In the 20 years from 2006 to 2025, silver rose in February 10 times out of 20, with an average move of +1.6% and a median of +0.3%.
Silver in February 2012: FAQ
What was the price of silver in February 2012?
Silver traded between $33.20 and $37.14 per troy ounce (daily closes) in February 2012, averaging $34.22. It closed the month at $34.58.
How much did silver go up in February 2012?
Silver rose 4.1%, from $33.23 to $34.58. The biggest daily rise was +4.6% on February 28, 2012 and the biggest fall −6.9% on February 29, 2012.
What was the silver price on February 1, 2012?
Silver closed at $33.78 per troy ounce on February 1, 2012, the first trading day of the month. 999 India, ₹ per kg: ₹53,756.
Is February usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in February 10 times out of 20, with an average move of +1.6% and a median of +0.3%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in February 2012?
Silver fell 2.7% in Indian rupee terms in February 2012, compared with +4.1% in US dollars.
Did silver beat stocks in February 2012?
No. Silver was +4.1% for the month, against +4.3% for the S&P 500 with dividends.
Did silver keep up with inflation in February 2012?
US consumer prices (CPI) changed +0.44% in February, so silver's real (inflation-adjusted) change was about +3.6%.