Silver Price in October 2023
In October 2023, silver rose 2.7%, from $22.24 at the end of September to $22.84 per troy ounce on October 31, 2023. The highest close was $23.35 on October 20, 2023, the lowest $20.85 on October 5, 2023, and the average over 22 trading days was $22.32. Today's price is 148.0% higher than the October 2023 close.
Silver price chart, October 2023
US dollars per troy ounce · daily closeDaily Silver Prices, October 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 |
|---|---|---|---|---|---|
| Oct 2Mon | $21.22 | −4.58% | $0.68 | ₹56,644 | AED 2,505.29 |
| Oct 3Tue | $21.18 | −0.19% | $0.68 | ₹56,758 | AED 2,500.22 |
| Oct 4Wed | $20.96 | −1.05% | $0.67 | ₹56,076 | AED 2,474.01 |
| Oct 5Thu | $20.85 | −0.52% | $0.67 | ₹55,935 | AED 2,461.26 |
| Oct 6Fri | $21.54 | +3.32% | $0.69 | ₹57,635 | AED 2,542.96 |
| Oct 9Mon | $21.74 | +0.93% | $0.70 | ₹58,103 | AED 2,567.04 |
| Oct 10Tue | $21.78 | +0.16% | $0.70 | ₹58,299 | AED 2,570.82 |
| Oct 11Wed | $21.96 | +0.83% | $0.71 | ₹58,769 | AED 2,592.26 |
| Oct 12Thu | $21.79 | −0.75% | $0.70 | ₹58,305 | AED 2,572.71 |
| Oct 13Fri | $22.73 | +4.29% | $0.73 | ₹60,839 | AED 2,683.09 |
| Oct 16Mon | $22.61 | −0.51% | $0.73 | ₹60,540 | AED 2,669.72 |
| Oct 17Tue | $22.86 | +1.12% | $0.74 | ₹61,157 | AED 2,699.15 |
| Oct 18Wed | $22.94 | +0.35% | $0.74 | ₹61,421 | AED 2,709.08 |
| Oct 19Thu | $22.89 | −0.25% | $0.74 | ₹61,272 | AED 2,701.98 |
| Oct 20Fri | $23.35 | +2.03% | $0.75 | ₹62,404 | AED 2,756.76 |
| Oct 23Mon | $23.07 | −1.19% | $0.74 | ₹61,686 | AED 2,724.19 |
| Oct 24Tue | $22.98 | −0.40% | $0.74 | ₹61,344 | AED 2,712.96 |
| Oct 25Wed | $22.88 | −0.45% | $0.74 | ₹61,039 | AED 2,700.80 |
| Oct 26Thu | $22.79 | −0.39% | $0.73 | ₹60,933 | AED 2,690.18 |
| Oct 27Fri | $22.77 | −0.07% | $0.73 | ₹60,969 | AED 2,688.17 |
| Oct 30Mon | $23.28 | +2.25% | $0.75 | ₹62,438 | AED 2,748.99 |
| Oct 31Tue | $22.84 | −1.89% | $0.73 | ₹61,169 | AED 2,696.55 |
How October usually goes for silver
In the 20 years from 2006 to 2025, silver rose in October 14 times out of 20, with an average move of +1.5% and a median of +1.8%.
Silver in October 2023: FAQ
What was the price of silver in October 2023?
Silver traded between $20.85 and $23.35 per troy ounce (daily closes) in October 2023, averaging $22.32. It closed the month at $22.84.
How much did silver go up in October 2023?
Silver rose 2.7%, from $22.24 to $22.84. The biggest daily rise was +4.3% on October 13, 2023 and the biggest fall −4.6% on October 2, 2023.
What was the silver price on October 2, 2023?
Silver closed at $21.22 per troy ounce on October 2, 2023, the first trading day of the month. 999 India, ₹ per kg: ₹56,644.
Is October usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in October 14 times out of 20, with an average move of +1.5% and a median of +1.8%. Past seasonal patterns are not a reliable guide to any single year.