Silver Price in 2022
In 2022, silver rose 2.3%, closing the year at $23.86 per troy ounce, compared with $23.33 at the end of 2021. The highest close was $26.89 on March 8, 2022 and the lowest $17.55 on September 1, 2022; the average for the year was $21.76. Today's price is 138.7% above the 2022 close.
Silver price chart, 2022
USD per troy ounce · daily closeMonthly Silver Prices in 2022
Month-end close and range, US dollars per troy ounce. Choose a month for every day's price.
| Month | Close | High | Low | Change |
|---|---|---|---|---|
| January | $22.40 | $24.71 | $22.17 | −4.0% |
| February | $24.36 | $24.69 | $22.38 | +8.8% |
| March | $25.12 | $26.89 | $24.67 | +3.1% |
| April | $23.04 | $26.14 | $23.04 | −8.3% |
| May | $21.65 | $22.62 | $20.76 | −6.0% |
| June | $20.28 | $22.25 | $20.28 | −6.3% |
| July | $20.16 | $20.16 | $18.17 | −0.6% |
| August | $17.76 | $20.72 | $17.76 | −11.9% |
| September | $18.96 | $19.76 | $17.55 | +6.7% |
| October | $19.13 | $21.04 | $18.02 | +0.9% |
| November | $21.55 | $22.09 | $19.44 | +12.7% |
| December | $23.86 | $24.09 | $22.12 | +10.7% |
Silver in 2022 at a Glance
- Silver rose 2.3% in US dollars. In TRY terms it rose 43.9%, and in MXN terms it fell 2.7% — the difference comes from currency moves.
- It did better than Gold (−0.1%), Bitcoin (−64.3%) and S&P 500 (with dividends) (−18.1%).
- After US inflation of 6.5%, the real change was −3.9%.
- In the futures market, managed money (speculators) went from net long 17,446 to net long 28,816 contracts.
Key Events in 2022
What happened, and how silver moved that day (or the next trading day) and about a month later.
- Thursday, February 24Russia launches a full-scale invasion of Ukraine; Russia's RTS index falls 39%. SourceSilver: +0.5% that day · +5.5% a month later
- Thursday, September 22Japan intervenes to buy yen for the first time since 1998. SourceSilver: +0.7% that day · −3.8% a month later
Silver in 2022: records, milestones and the London price chart →
Silver in other currencies, 2022
| Currency | Change |
|---|---|
| TRY | +43.9% |
| PKR | +29.9% |
| JPY | +18.2% |
| GBP | +14.5% |
| INR | +13.8% |
| CNY | +11.8% |
| AUD | +9.6% |
| ZAR | +8.9% |
| CAD | +8.8% |
| EUR | +8.7% |
| MXN | −2.7% |
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, 2022
| Asset | Change (USD) |
|---|---|
| Gold | −0.1% |
| Bitcoin | −64.3% |
| S&P 500 (with dividends) | −18.1% |
| US inflation (CPI) | +6.5% |
Silver Price on Festivals in 2022
| Festival | Date | Price |
|---|---|---|
| Gudi Padwa | Sat 2 Apr | ₹60,140 ₹/kg |
| Akshaya Tritiya | Tue 3 May | ₹55,655 ₹/kg |
| Navratri | Mon 26 Sep | ₹48,084 ₹/kg |
| Dussehra | Wed 5 Oct | ₹53,638 ₹/kg |
| Dhanteras | Sat 22 Oct | ₹50,710 ₹/kg |
| Diwali | Mon 24 Oct | ₹50,883 ₹/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 28,816 contracts on 27 Dec 2022, against net long 17,446 a year earlier. COT report →
Silver in 2022: FAQ
What was the price of silver in 2022?
Silver traded between $17.55 and $26.89 per troy ounce in 2022 (daily closes), averaging $21.76. It closed the year at $23.86.
How much did silver go up in 2022?
Silver rose 2.3% in 2022, from $23.33 to $23.86 per ounce.
What was the highest silver price in 2022?
The highest daily close in 2022 was $26.89 per troy ounce on March 8, 2022.
What was the best month for silver in 2022?
November (+12.7%). The weakest was August (−11.9%).
How much did silver rise in rupees in 2022?
Silver rose 13.8% in Indian rupee terms in 2022, compared with +2.3% in US dollars.
Did silver beat the stock market in 2022?
Yes. Silver was +2.3% for the year, against −18.1% for the S&P 500 with dividends reinvested.
What was the biggest event for silver in 2022?
Of the key events listed on this page, the biggest one-day reaction was on 22 September: Japan intervenes to buy yen for the first time since 1998. Silver moved +0.7% 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).