Silver Price in February 2023
In February 2023, silver fell 11.7%, from $23.75 at the end of January to $20.96 per troy ounce on February 28, 2023. The highest close was $23.53 on February 2, 2023, the lowest $20.67 on February 27, 2023, and the average over 19 trading days was $21.90. Today's price is 169.4% higher than the February 2023 close.
Silver price chart, February 2023
US dollars per troy ounce · daily closeDaily Silver Prices, February 2023
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 1Wed | $23.52 | −0.96% | $0.76 | ₹61,835 | AED 2,776.91 |
| Feb 2Thu | $23.53 | +0.06% | $0.76 | ₹61,825 | AED 2,778.44 |
| Feb 3Fri | $22.33 | −5.10% | $0.72 | ₹58,913 | AED 2,636.77 |
| Feb 6Mon | $22.18 | −0.70% | $0.71 | ₹58,628 | AED 2,618.59 |
| Feb 7Tue | $22.12 | −0.27% | $0.71 | ₹58,845 | AED 2,611.15 |
| Feb 8Wed | $22.37 | +1.13% | $0.72 | ₹59,501 | AED 2,640.66 |
| Feb 9Thu | $22.10 | −1.21% | $0.71 | ₹58,724 | AED 2,609.36 |
| Feb 10Fri | $22.03 | −0.29% | $0.71 | ₹58,467 | AED 2,601.35 |
| Feb 13Mon | $21.82 | −0.98% | $0.70 | ₹57,880 | AED 2,576.20 |
| Feb 14Tue | $21.84 | +0.11% | $0.70 | ₹58,003 | AED 2,578.68 |
| Feb 15Wed | $21.55 | −1.36% | $0.69 | ₹57,404 | AED 2,544.29 |
| Feb 16Thu | $21.68 | +0.64% | $0.70 | ₹57,681 | AED 2,560.03 |
| Feb 17Fri | $21.69 | +0.05% | $0.70 | ₹57,678 | AED 2,561.70 |
| Feb 21Tue | $21.87 | +0.81% | $0.70 | ₹58,145 | AED 2,581.87 |
| Feb 22Wed | $21.66 | −0.95% | $0.70 | ₹57,706 | AED 2,557.31 |
| Feb 23Thu | $21.30 | −1.67% | $0.68 | ₹56,724 | AED 2,514.58 |
| Feb 24Fri | $20.81 | −2.31% | $0.67 | ₹55,265 | AED 2,456.37 |
| Feb 27Mon | $20.67 | −0.65% | $0.66 | ₹55,104 | AED 2,440.58 |
| Feb 28Tue | $20.96 | +1.41% | $0.67 | ₹55,700 | AED 2,474.67 |
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 2023: FAQ
What was the price of silver in February 2023?
Silver traded between $20.67 and $23.53 per troy ounce (daily closes) in February 2023, averaging $21.90. It closed the month at $20.96.
How much did silver go down in February 2023?
Silver fell 11.7%, from $23.75 to $20.96. The biggest daily rise was +1.4% on February 28, 2023 and the biggest fall −5.1% on February 3, 2023.
What was the silver price on February 1, 2023?
Silver closed at $23.52 per troy ounce on February 1, 2023, the first trading day of the month. 999 India, ₹ per kg: ₹61,835.
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.