Silver Price in February 2021
In February 2021, silver fell 1.9%, from $26.90 at the end of January to $26.40 per troy ounce on February 26, 2021. The highest close was $29.40 on February 1, 2021, the lowest $26.22 on February 4, 2021, and the average over 19 trading days was $27.31. Today's price is 103.9% higher than the February 2021 close.
- Silver fell 1.9% in US dollars in February 2021, leaving it up 0.3% for the year to date.
- Measured in other currencies, the change ranged from −4.4% in AUD to +1.3% in MXN, because exchange rates moved too.
- It did better than gold (−6.4%), and worse than bitcoin (+36.3%) and US stocks (+2.8%).
- It closed higher on 8 trading days and lower on 11, with an average daily move of 2.30%.
- At the end of the month it was 45.7% below its highest close since 2000.
- Gold/silver ratio: 68.7 → 65.5.
Silver price chart, February 2021
US dollars per troy ounce · daily closeSilver in other currencies, February 2021
| Currency | Change in the month |
|---|---|
| MXN | +1.3% |
| JPY | +0.1% |
| INR | −1.6% |
| CNY | −1.8% |
| TRY | −2.2% |
| EUR | −2.2% |
| ZAR | −3.1% |
| CAD | −3.5% |
| GBP | −3.8% |
| PKR | −3.9% |
| AUD | −4.4% |
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 2021
| Asset | Change (USD) |
|---|---|
| Silver | −1.9% |
| Gold | −6.4% |
| Bitcoin | +36.3% |
| S&P 500 (with dividends) | +2.8% |
| US inflation (CPI, month) | +0.55% |
| Silver, year to date (end of February) | +0.3% |
| Gold/silver ratio | 68.7 → 65.5 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, February 2021
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 1Mon | $29.40 | +9.29% | $0.95 | ₹68,909 | AED 3,470.84 |
| Feb 2Tue | $26.38 | −10.25% | $0.85 | ₹62,025 | AED 3,115.00 |
| Feb 3Wed | $26.88 | +1.87% | $0.86 | ₹63,010 | AED 3,173.32 |
| Feb 4Thu | $26.22 | −2.44% | $0.84 | ₹61,426 | AED 3,095.99 |
| Feb 5Fri | $27.01 | +3.02% | $0.87 | ₹63,355 | AED 3,189.38 |
| Feb 8Mon | $27.57 | +2.06% | $0.89 | ₹64,516 | AED 3,255.47 |
| Feb 9Tue | $27.40 | −0.63% | $0.88 | ₹64,237 | AED 3,235.10 |
| Feb 10Wed | $27.07 | −1.18% | $0.87 | ₹63,416 | AED 3,197.07 |
| Feb 11Thu | $27.04 | −0.12% | $0.87 | ₹63,300 | AED 3,192.69 |
| Feb 12Fri | $27.32 | +1.04% | $0.88 | ₹63,872 | AED 3,225.86 |
| Feb 16Tue | $27.32 | −0.01% | $0.88 | ₹63,800 | AED 3,225.39 |
| Feb 17Wed | $27.31 | −0.02% | $0.88 | ₹64,049 | AED 3,224.80 |
| Feb 18Thu | $27.08 | −0.87% | $0.87 | ₹63,373 | AED 3,196.82 |
| Feb 19Fri | $27.25 | +0.65% | $0.88 | ₹63,615 | AED 3,217.48 |
| Feb 22Mon | $28.08 | +3.05% | $0.90 | ₹65,507 | AED 3,316.04 |
| Feb 23Tue | $27.69 | −1.41% | $0.89 | ₹64,484 | AED 3,268.72 |
| Feb 24Wed | $27.86 | +0.62% | $0.90 | ₹64,823 | AED 3,288.91 |
| Feb 25Thu | $27.64 | −0.79% | $0.89 | ₹64,331 | AED 3,262.93 |
| Feb 26Fri | $26.40 | −4.47% | $0.85 | ₹62,094 | AED 3,117.04 |
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 2021: FAQ
What was the price of silver in February 2021?
Silver traded between $26.22 and $29.40 per troy ounce (daily closes) in February 2021, averaging $27.31. It closed the month at $26.40.
How much did silver go down in February 2021?
Silver fell 1.9%, from $26.90 to $26.40. The biggest daily rise was +9.3% on February 1, 2021 and the biggest fall −10.3% on February 2, 2021.
What was the silver price on February 1, 2021?
Silver closed at $29.40 per troy ounce on February 1, 2021, the first trading day of the month. 999 India, ₹ per kg: ₹68,909.
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 2021?
Silver fell 1.6% in Indian rupee terms in February 2021, compared with −1.9% in US dollars.
Did silver beat stocks in February 2021?
No. Silver was −1.9% for the month, against +2.8% for the S&P 500 with dividends.
Did silver keep up with inflation in February 2021?
US consumer prices (CPI) changed +0.55% in February, so silver's real (inflation-adjusted) change was about −2.4%.