Silver Price in January 2018
In January 2018, silver rose 0.8%, from $17.06 at the end of December to $17.20 per troy ounce on January 31, 2018. The highest close was $17.55 on January 25, 2018, the lowest $16.86 on January 23, 2018, and the average over 20 trading days was $17.10. Today's price is 212.5% higher than the January 2018 close.
- Silver rose 0.8% in US dollars in January 2018.
- Measured in other currencies, the change ranged from −4.6% in MXN to +1.9% in PKR, because exchange rates moved too.
- It did better than bitcoin (−27.8%), and worse than gold (+2.5%) and US stocks (+5.7%).
- It closed higher on 11 trading days and lower on 9, with an average daily move of 0.76%.
- At the end of the month it was 64.6% below its highest close since 2000.
- Gold/silver ratio: 76.6 → 77.8.
Silver price chart, January 2018
US dollars per troy ounce · daily closeSilver in other currencies, January 2018
| Currency | Change in the month |
|---|---|
| PKR | +1.9% |
| TRY | +0.8% |
| INR | +0.4% |
| CAD | −1.0% |
| CNY | −2.4% |
| ZAR | −2.7% |
| JPY | −2.9% |
| EUR | −3.0% |
| AUD | −3.0% |
| GBP | −4.3% |
| MXN | −4.6% |
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, January 2018
| Asset | Change (USD) |
|---|---|
| Silver | +0.8% |
| Gold | +2.5% |
| Bitcoin | −27.8% |
| S&P 500 (with dividends) | +5.7% |
| US inflation (CPI, month) | +0.54% |
| Gold/silver ratio | 76.6 → 77.8 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, January 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 |
|---|---|---|---|---|---|
| Jan 2Tue | $17.12 | +0.36% | $0.55 | ₹35,156 | AED 2,021.37 |
| Jan 3Wed | $17.19 | +0.37% | $0.55 | ₹35,062 | AED 2,029.26 |
| Jan 4Thu | $17.19 | +0.02% | $0.55 | ₹35,048 | AED 2,029.35 |
| Jan 5Fri | $17.21 | +0.09% | $0.55 | ₹35,053 | AED 2,031.18 |
| Jan 8Mon | $17.06 | −0.82% | $0.55 | ₹34,708 | AED 2,014.53 |
| Jan 9Tue | $16.94 | −0.75% | $0.54 | ₹34,550 | AED 1,999.48 |
| Jan 10Wed | $16.96 | +0.16% | $0.55 | ₹34,705 | AED 2,002.66 |
| Jan 11Thu | $16.89 | −0.41% | $0.54 | ₹34,632 | AED 1,994.46 |
| Jan 12Fri | $17.07 | +1.04% | $0.55 | ₹34,942 | AED 2,015.12 |
| Jan 16Tue | $17.12 | +0.31% | $0.55 | ₹34,967 | AED 2,021.44 |
| Jan 17Wed | $17.11 | −0.10% | $0.55 | ₹35,193 | AED 2,019.32 |
| Jan 18Thu | $16.89 | −1.24% | $0.54 | ₹34,665 | AED 1,994.40 |
| Jan 19Fri | $16.98 | +0.49% | $0.55 | ₹34,856 | AED 2,004.08 |
| Jan 22Mon | $16.93 | −0.26% | $0.54 | ₹34,747 | AED 1,998.89 |
| Jan 23Tue | $16.86 | −0.45% | $0.54 | ₹34,617 | AED 1,989.91 |
| Jan 24Wed | $17.43 | +3.38% | $0.56 | ₹35,715 | AED 2,057.21 |
| Jan 25Thu | $17.55 | +0.72% | $0.56 | ₹35,876 | AED 2,071.92 |
| Jan 26Fri | $17.38 | −0.96% | $0.56 | ₹35,527 | AED 2,052.58 |
| Jan 30Tue | $17.01 | −2.12% | $0.55 | ₹34,826 | AED 2,008.40 |
| Jan 31Wed | $17.20 | +1.12% | $0.55 | ₹35,272 | AED 2,031.12 |
How January usually goes for silver
In the 20 years from 2006 to 2025, silver rose in January 14 times out of 20, with an average move of +4.3% and a median of +3.6%.
Silver in January 2018: FAQ
What was the price of silver in January 2018?
Silver traded between $16.86 and $17.55 per troy ounce (daily closes) in January 2018, averaging $17.10. It closed the month at $17.20.
How much did silver go up in January 2018?
Silver rose 0.8%, from $17.06 to $17.20. The biggest daily rise was +3.4% on January 24, 2018 and the biggest fall −2.1% on January 30, 2018.
What was the silver price on January 2, 2018?
Silver closed at $17.12 per troy ounce on January 2, 2018, the first trading day of the month. 999 India, ₹ per kg: ₹35,156.
Is January usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in January 14 times out of 20, with an average move of +4.3% and a median of +3.6%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in January 2018?
Silver rose 0.4% in Indian rupee terms in January 2018, compared with +0.8% in US dollars.
Did silver beat stocks in January 2018?
No. Silver was +0.8% for the month, against +5.7% for the S&P 500 with dividends.
Did silver keep up with inflation in January 2018?
US consumer prices (CPI) changed +0.54% in January, so silver's real (inflation-adjusted) change was about +0.3%.