Silver Price in January 2023
In January 2023, silver fell 0.5%, from $23.86 at the end of December to $23.75 per troy ounce on January 31, 2023. The highest close was $24.23 on January 13, 2023, the lowest $23.26 on January 5, 2023, and the average over 20 trading days was $23.72. Today's price is 137.5% higher than the January 2023 close.
Silver price chart, January 2023
US dollars per troy ounce · daily closeDaily Silver Prices, January 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 |
|---|---|---|---|---|---|
| Jan 3Tue | $24.06 | +0.83% | $0.77 | ₹63,974 | AED 2,840.11 |
| Jan 4Wed | $23.79 | −1.11% | $0.76 | ₹63,325 | AED 2,808.83 |
| Jan 5Thu | $23.26 | −2.24% | $0.75 | ₹61,815 | AED 2,745.78 |
| Jan 6Fri | $23.82 | +2.42% | $0.77 | ₹63,298 | AED 2,812.37 |
| Jan 9Mon | $23.71 | −0.46% | $0.76 | ₹62,722 | AED 2,799.69 |
| Jan 10Tue | $23.51 | −0.86% | $0.76 | ₹62,109 | AED 2,775.18 |
| Jan 11Wed | $23.33 | −0.77% | $0.75 | ₹61,226 | AED 2,753.85 |
| Jan 12Thu | $23.86 | +2.30% | $0.77 | ₹62,629 | AED 2,817.13 |
| Jan 13Fri | $24.23 | +1.54% | $0.78 | ₹63,193 | AED 2,860.65 |
| Jan 17Tue | $23.94 | −1.18% | $0.77 | ₹62,858 | AED 2,826.85 |
| Jan 18Wed | $23.53 | −1.73% | $0.76 | ₹61,675 | AED 2,778.50 |
| Jan 19Thu | $23.75 | +0.95% | $0.76 | ₹62,193 | AED 2,804.42 |
| Jan 20Fri | $23.83 | +0.32% | $0.77 | ₹62,242 | AED 2,813.39 |
| Jan 23Mon | $23.45 | −1.59% | $0.75 | ₹61,056 | AED 2,769.14 |
| Jan 24Tue | $23.65 | +0.84% | $0.76 | ₹61,958 | AED 2,792.02 |
| Jan 25Wed | $23.84 | +0.80% | $0.77 | ₹62,543 | AED 2,814.45 |
| Jan 26Thu | $23.93 | +0.38% | $0.77 | ₹62,706 | AED 2,825.19 |
| Jan 27Fri | $23.53 | −1.68% | $0.76 | ₹61,606 | AED 2,777.62 |
| Jan 30Mon | $23.65 | +0.50% | $0.76 | ₹61,963 | AED 2,791.85 |
| Jan 31Tue | $23.75 | +0.44% | $0.76 | ₹62,288 | AED 2,803.71 |
How January usually goes for silver
In the 20 years from 2006 to 2025, silver rose in January 14 times out of 20, with an average move of +4.3% and a median of +3.6%.
Silver in January 2023: FAQ
What was the price of silver in January 2023?
Silver traded between $23.26 and $24.23 per troy ounce (daily closes) in January 2023, averaging $23.72. It closed the month at $23.75.
How much did silver go down in January 2023?
Silver fell 0.5%, from $23.86 to $23.75. The biggest daily rise was +2.4% on January 6, 2023 and the biggest fall −2.2% on January 5, 2023.
What was the silver price on January 3, 2023?
Silver closed at $24.06 per troy ounce on January 3, 2023, the first trading day of the month. 999 India, ₹ per kg: ₹63,974.
Is January usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in January 14 times out of 20, with an average move of +4.3% and a median of +3.6%. Past seasonal patterns are not a reliable guide to any single year.