Silver Price in September 2013
In September 2013, silver fell 7.7%, from $23.46 at the end of August to $21.66 per troy ounce on September 30, 2013. The highest close was $24.38 on September 3, 2013, the lowest $21.51 on September 18, 2013, and the average over 20 trading days was $22.45. Today's price is 149.0% higher than the September 2013 close.
- Silver fell 7.7% in US dollars in September 2013, leaving it down 28.2% for the year to date.
- Measured in other currencies, the change ranged from −13.8% in INR to −7.3% in TRY, because exchange rates moved too.
- It did worse than gold (−5.0%) and US stocks (+3.1%).
- It closed higher on 7 trading days and lower on 13, with an average daily move of 2.20%.
- At the end of the month it was 55.4% below its highest close since 2000.
- Gold/silver ratio: 59.5 → 61.3.
Silver price chart, September 2013
US dollars per troy ounce · daily closeSilver in other currencies, September 2013
| Currency | Change in the month |
|---|---|
| TRY | −7.3% |
| PKR | −7.7% |
| CNY | −7.7% |
| JPY | −8.1% |
| EUR | −9.5% |
| ZAR | −9.6% |
| MXN | −9.6% |
| CAD | −9.7% |
| AUD | −11.4% |
| GBP | −11.5% |
| INR | −13.8% |
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, September 2013
| Asset | Change (USD) |
|---|---|
| Silver | −7.7% |
| Gold | −5.0% |
| S&P 500 (with dividends) | +3.1% |
| US inflation (CPI, month) | +0.12% |
| Silver, year to date (end of September) | −28.2% |
| Gold/silver ratio | 59.5 → 61.3 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, September 2013
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 |
|---|---|---|---|---|---|
| Sep 3Tue | $24.38 | +3.92% | $0.78 | ₹52,137 | AED 2,878.56 |
| Sep 4Wed | $23.37 | −4.15% | $0.75 | ₹51,549 | AED 2,758.96 |
| Sep 5Thu | $23.21 | −0.70% | $0.75 | ₹49,443 | AED 2,739.72 |
| Sep 6Fri | $23.84 | +2.74% | $0.77 | ₹50,598 | AED 2,814.73 |
| Sep 9Mon | $23.67 | −0.73% | $0.76 | ₹49,642 | AED 2,794.19 |
| Sep 10Tue | $22.97 | −2.97% | $0.74 | ₹47,300 | AED 2,711.31 |
| Sep 11Wed | $23.12 | +0.67% | $0.74 | ₹47,292 | AED 2,729.68 |
| Sep 12Thu | $22.10 | −4.42% | $0.71 | ₹44,875 | AED 2,608.95 |
| Sep 13Fri | $21.67 | −1.94% | $0.70 | ₹44,324 | AED 2,558.38 |
| Sep 16Mon | $21.96 | +1.35% | $0.71 | ₹44,691 | AED 2,592.90 |
| Sep 17Tue | $21.74 | −1.04% | $0.70 | ₹44,227 | AED 2,565.98 |
| Sep 18Wed | $21.51 | −1.02% | $0.69 | ₹43,701 | AED 2,539.89 |
| Sep 19Thu | $23.24 | +8.03% | $0.75 | ₹47,510 | AED 2,743.89 |
| Sep 20Fri | $21.88 | −5.88% | $0.70 | ₹43,740 | AED 2,582.63 |
| Sep 23Mon | $21.81 | −0.32% | $0.70 | ₹43,970 | AED 2,574.24 |
| Sep 24Tue | $21.54 | −1.22% | $0.69 | ₹43,406 | AED 2,542.84 |
| Sep 25Wed | $21.84 | +1.39% | $0.70 | ₹44,036 | AED 2,578.70 |
| Sep 26Thu | $21.72 | −0.54% | $0.70 | ₹43,596 | AED 2,564.21 |
| Sep 27Fri | $21.78 | +0.29% | $0.70 | ₹43,232 | AED 2,571.65 |
| Sep 30Mon | $21.66 | −0.58% | $0.70 | ₹43,802 | AED 2,556.65 |
How September usually goes for silver
In the 20 years from 2006 to 2025, silver rose in September 9 times out of 20, with an average move of −1.7% and a median of −2.7%.
Silver in September 2013: FAQ
What was the price of silver in September 2013?
Silver traded between $21.51 and $24.38 per troy ounce (daily closes) in September 2013, averaging $22.45. It closed the month at $21.66.
How much did silver go down in September 2013?
Silver fell 7.7%, from $23.46 to $21.66. The biggest daily rise was +8.0% on September 19, 2013 and the biggest fall −5.9% on September 20, 2013.
What was the silver price on September 3, 2013?
Silver closed at $24.38 per troy ounce on September 3, 2013, the first trading day of the month. 999 India, ₹ per kg: ₹52,137.
Is September usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in September 9 times out of 20, with an average move of −1.7% and a median of −2.7%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in September 2013?
Silver fell 13.8% in Indian rupee terms in September 2013, compared with −7.7% in US dollars.
Did silver beat stocks in September 2013?
No. Silver was −7.7% for the month, against +3.1% for the S&P 500 with dividends.
Did silver keep up with inflation in September 2013?
US consumer prices (CPI) changed +0.12% in September, so silver's real (inflation-adjusted) change was about −7.8%.