Silver Price in August 2018
In August 2018, silver fell 6.9%, from $15.50 at the end of July to $14.44 per troy ounce on August 31, 2018. The highest close was $15.42 on August 9, 2018, the lowest $14.42 on August 15, 2018, and the average over 23 trading days was $14.92. Today's price is 295.7% higher than the August 2018 close.
Silver price chart, August 2018
US dollars per troy ounce · daily closeDaily Silver Prices, August 2018
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 |
|---|---|---|---|---|---|
| Aug 1Wed | $15.39 | −0.68% | $0.49 | ₹33,901 | AED 1,817.48 |
| Aug 2Thu | $15.33 | −0.42% | $0.49 | ₹33,664 | AED 1,809.80 |
| Aug 3Fri | $15.41 | +0.50% | $0.50 | ₹33,986 | AED 1,818.89 |
| Aug 6Mon | $15.29 | −0.74% | $0.49 | ₹33,680 | AED 1,805.68 |
| Aug 7Tue | $15.32 | +0.16% | $0.49 | ₹33,886 | AED 1,808.39 |
| Aug 8Wed | $15.38 | +0.39% | $0.49 | ₹33,910 | AED 1,815.35 |
| Aug 9Thu | $15.42 | +0.28% | $0.50 | ₹33,935 | AED 1,820.43 |
| Aug 10Fri | $15.27 | −0.99% | $0.49 | ₹33,915 | AED 1,802.36 |
| Aug 13Mon | $14.95 | −2.05% | $0.48 | ₹33,213 | AED 1,765.65 |
| Aug 14Tue | $15.03 | +0.48% | $0.48 | ₹33,790 | AED 1,773.91 |
| Aug 15Wed | $14.42 | −4.02% | $0.46 | ₹32,432 | AED 1,702.60 |
| Aug 16Thu | $14.70 | +1.91% | $0.47 | ₹33,388 | AED 1,735.19 |
| Aug 17Fri | $14.62 | −0.55% | $0.47 | ₹32,896 | AED 1,725.62 |
| Aug 20Mon | $14.66 | +0.27% | $0.47 | ₹32,881 | AED 1,730.42 |
| Aug 21Tue | $14.75 | +0.66% | $0.47 | ₹33,075 | AED 1,741.56 |
| Aug 22Wed | $14.74 | −0.11% | $0.47 | ₹33,072 | AED 1,739.67 |
| Aug 23Thu | $14.53 | −1.41% | $0.47 | ₹32,596 | AED 1,715.12 |
| Aug 24Fri | $14.78 | +1.73% | $0.48 | ₹33,392 | AED 1,744.87 |
| Aug 27Mon | $14.84 | +0.44% | $0.48 | ₹33,295 | AED 1,752.73 |
| Aug 28Tue | $14.77 | −0.52% | $0.47 | ₹33,208 | AED 1,743.45 |
| Aug 29Wed | $14.69 | −0.53% | $0.47 | ₹33,311 | AED 1,734.12 |
| Aug 30Thu | $14.48 | −1.44% | $0.47 | ₹33,005 | AED 1,709.21 |
| Aug 31Fri | $14.44 | −0.27% | $0.46 | ₹33,146 | AED 1,704.61 |
How August usually goes for silver
In the 20 years from 2006 to 2025, silver rose in August 10 times out of 20, with an average move of +1.8% and a median of +1.9%.
Silver in August 2018: FAQ
What was the price of silver in August 2018?
Silver traded between $14.42 and $15.42 per troy ounce (daily closes) in August 2018, averaging $14.92. It closed the month at $14.44.
How much did silver go down in August 2018?
Silver fell 6.9%, from $15.50 to $14.44. The biggest daily rise was +1.9% on August 16, 2018 and the biggest fall −4.0% on August 15, 2018.
What was the silver price on August 1, 2018?
Silver closed at $15.39 per troy ounce on August 1, 2018, the first trading day of the month. 999 India, ₹ per kg: ₹33,901.
Is August usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in August 10 times out of 20, with an average move of +1.8% and a median of +1.9%. Past seasonal patterns are not a reliable guide to any single year.