Silver Price in February 2022
In February 2022, silver rose 8.8%, from $22.40 at the end of January to $24.36 per troy ounce on February 28, 2022. The highest close was $24.69 on February 24, 2022, the lowest $22.38 on February 3, 2022, and the average over 19 trading days was $23.54. Today's price is 120.8% higher than the February 2022 close.
- Silver rose 8.8% in US dollars in February 2022, leaving it up 4.4% for the year to date.
- Measured in other currencies, the change ranged from +5.9% in AUD to +13.2% in TRY, because exchange rates moved too.
- It did better than gold (+5.9%) and US stocks (−3.0%), and worse than bitcoin (+12.2%).
- It closed higher on 15 trading days and lower on 4, with an average daily move of 1.19%.
- At the end of the month it was 49.9% below its highest close since 2000.
- Gold/silver ratio: 80.2 → 78.0.
Silver price chart, February 2022
US dollars per troy ounce · daily closeSilver in other currencies, February 2022
| Currency | Change in the month |
|---|---|
| TRY | +13.2% |
| JPY | +9.1% |
| GBP | +9.0% |
| INR | +8.8% |
| CAD | +8.7% |
| PKR | +8.7% |
| EUR | +8.5% |
| CNY | +8.2% |
| MXN | +7.4% |
| ZAR | +7.2% |
| AUD | +5.9% |
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 2022
| Asset | Change (USD) |
|---|---|
| Silver | +8.8% |
| Gold | +5.9% |
| Bitcoin | +12.2% |
| S&P 500 (with dividends) | −3.0% |
| US inflation (CPI, month) | +0.91% |
| Silver, year to date (end of February) | +4.4% |
| Gold/silver ratio | 80.2 → 78.0 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Key Events in February 2022
- Thursday, February 24Russia launches a full-scale invasion of Ukraine; Russia's RTS index falls 39%. SourceSilver: +0.5% that day
Daily Silver Prices, February 2022
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 1Tue | $22.60 | +0.90% | $0.73 | ₹54,163 | AED 2,668.14 |
| Feb 2Wed | $22.71 | +0.51% | $0.73 | ₹54,577 | AED 2,681.28 |
| Feb 3Thu | $22.38 | −1.48% | $0.72 | ₹53,825 | AED 2,641.61 |
| Feb 4Fri | $22.48 | +0.45% | $0.72 | ₹53,937 | AED 2,653.34 |
| Feb 7Mon | $23.08 | +2.67% | $0.74 | ₹55,378 | AED 2,724.82 |
| Feb 8Tue | $23.20 | +0.52% | $0.75 | ₹55,675 | AED 2,738.42 |
| Feb 9Wed | $23.34 | +0.61% | $0.75 | ₹56,042 | AED 2,755.07 |
| Feb 10Thu | $23.52 | +0.78% | $0.76 | ₹56,567 | AED 2,776.67 |
| Feb 11Fri | $23.37 | −0.65% | $0.75 | ₹56,747 | AED 2,758.61 |
| Feb 14Mon | $23.85 | +2.05% | $0.77 | ₹57,759 | AED 2,815.62 |
| Feb 15Tue | $23.34 | −2.13% | $0.75 | ₹56,789 | AED 2,755.30 |
| Feb 16Wed | $23.60 | +1.13% | $0.76 | ₹57,042 | AED 2,786.96 |
| Feb 17Thu | $23.87 | +1.16% | $0.77 | ₹57,600 | AED 2,818.58 |
| Feb 18Fri | $23.99 | +0.49% | $0.77 | ₹57,898 | AED 2,832.40 |
| Feb 22Tue | $24.31 | +1.33% | $0.78 | ₹58,244 | AED 2,870.18 |
| Feb 23Wed | $24.56 | +1.00% | $0.79 | ₹58,912 | AED 2,898.98 |
| Feb 24Thu | $24.69 | +0.53% | $0.79 | ₹59,234 | AED 2,914.45 |
| Feb 25Fri | $24.00 | −2.79% | $0.77 | ₹58,179 | AED 2,833.03 |
| Feb 28Mon | $24.36 | +1.52% | $0.78 | ₹58,795 | AED 2,876.55 |
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 2022: FAQ
What was the price of silver in February 2022?
Silver traded between $22.38 and $24.69 per troy ounce (daily closes) in February 2022, averaging $23.54. It closed the month at $24.36.
How much did silver go up in February 2022?
Silver rose 8.8%, from $22.40 to $24.36. The biggest daily rise was +2.7% on February 7, 2022 and the biggest fall −2.8% on February 25, 2022.
What was the silver price on February 1, 2022?
Silver closed at $22.60 per troy ounce on February 1, 2022, the first trading day of the month. 999 India, ₹ per kg: ₹54,163.
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 2022?
Silver rose 8.8% in Indian rupee terms in February 2022, compared with +8.8% in US dollars.
Did silver beat stocks in February 2022?
Yes. Silver was +8.8% for the month, against −3.0% for the S&P 500 with dividends.
Did silver keep up with inflation in February 2022?
US consumer prices (CPI) changed +0.91% in February, so silver's real (inflation-adjusted) change was about +7.8%.