Silver53.83−1.42%Gold4,011.92−0.30%Platinum1,568.95+0.09%Palladium1,054.14−0.21%
Gold/Silver74.54
DXY101.64+0.04%
US10Y4.95%−3.75%
Copper6.431+0.52%
WTI100.02+0.55%
S&P 5007,663−1.21%
Dow52,868+0.02%
Bitcoin81,739+0.52%
VIX19.03+14.09%

Silver Price in 2021

In 2021, silver fell 11.4%, closing the year at $23.33 per troy ounce, compared with $26.33 at the end of 2020. The highest close was $29.40 on February 1, 2021 and the lowest $21.46 on September 29, 2021; the average for the year was $25.14. Today's price is 130.7% above the 2021 close.

End of 2020
$26.33
Year-end close
$23.33
Dec 31
Change
−11.4%
High
$29.40
Feb 1
Low
$21.46
Sep 29
Average
$25.14

Silver price chart, 2021

USD per troy ounce · daily close
$20.82$25.43$30.03Jan 4Mar 5May 5Jul 6Sep 1Nov 1Dec 31

Monthly Silver Prices in 2021

Month-end close and range, US dollars per troy ounce. Choose a month for every day's price.

MonthCloseHighLowChange
January$26.90$27.57$24.58+2.2%
February$26.40$29.40$26.22−1.9%
March$24.52$26.85$24.12−7.1%
April$25.85$26.57$24.76+5.4%
May$27.99$28.31$26.50+8.3%
June$26.17$28.19$25.84−6.5%
July$25.53$26.48$24.63−2.4%
August$23.96$25.57$23.11−6.1%
September$22.02$24.76$21.46−8.1%
October$23.95$24.57$22.49+8.7%
November$22.77$25.34$22.77−4.9%
December$23.33$23.33$21.51+2.5%

Silver in 2021 at a Glance

  • Silver fell 11.4% in US dollars. In TRY terms it rose 59.7%, and in CNY terms it fell 13.4% — the difference comes from currency moves.
  • It did worse than Gold (−3.5%), Bitcoin (+59.7%) and S&P 500 (with dividends) (+28.7%).
  • After US inflation of 7.0%, the real change was −17.2%.
  • In the futures market, managed money (speculators) went from net long 46,006 to net long 17,446 contracts.

Key Events in 2021

What happened, and how silver moved that day (or the next trading day) and about a month later.

  1. Thursday, March 11
    President Biden signs the $1.9 trillion American Rescue Plan Act. Source
    Silver: +0.2% that day · −3.0% a month later

Silver in 2021: records, milestones and the London price chart →

Silver in other currencies, 2021

CurrencyChange
TRY+59.7%
JPY−1.1%
PKR−1.5%
EUR−3.8%
ZAR−3.9%
AUD−6.0%
MXN−8.9%
INR−9.8%
GBP−10.5%
CAD−11.5%
CNY−13.4%

Price in each currency at the year-end exchange rate, year-end to year-end. A falling currency makes silver rise more in local terms.

Silver vs other assets, 2021

AssetChange (USD)
Gold−3.5%
Bitcoin+59.7%
S&P 500 (with dividends)+28.7%
US inflation (CPI)+7.0%

Silver Price on Festivals in 2021

FestivalDatePrice
Gudi PadwaTue 13 Apr₹61,281 ₹/kg
Akshaya TritiyaFri 14 May₹64,589 ₹/kg
NavratriThu 7 Oct₹54,398 ₹/kg
DussehraFri 15 Oct₹56,247 ₹/kg
DhanterasTue 2 Nov₹56,537 ₹/kg
DiwaliThu 4 Nov₹57,211 ₹/kg

International price converted at that day's rate, before local taxes and making charges.

Futures positioning: managed money (speculators) held a net long position of 17,446 contracts on 28 Dec 2021, against net long 46,006 a year earlier. COT report →

Silver in 2021: FAQ

What was the price of silver in 2021?

Silver traded between $21.46 and $29.40 per troy ounce in 2021 (daily closes), averaging $25.14. It closed the year at $23.33.

How much did silver go down in 2021?

Silver fell 11.4% in 2021, from $26.33 to $23.33 per ounce.

What was the highest silver price in 2021?

The highest daily close in 2021 was $29.40 per troy ounce on February 1, 2021.

What was the best month for silver in 2021?

October (+8.7%). The weakest was September (−8.1%).

How much did silver rise in rupees in 2021?

Silver fell 9.8% in Indian rupee terms in 2021, compared with −11.4% in US dollars.

Did silver beat the stock market in 2021?

No. Silver was −11.4% for the year, against +28.7% for the S&P 500 with dividends reinvested.

What was the biggest event for silver in 2021?

Of the key events listed on this page, the biggest one-day reaction was on 11 March: President Biden signs the $1.9 trillion American Rescue Plan Act. Silver moved +0.2% that day.

Daily closing prices of COMEX front-month silver futures (US dollars per troy ounce), which track the spot price closely. Download the full daily series as CSV (free to use with a link to this site).