Silver56.64−2.27%Gold4,112.32−0.65%Platinum1,603.29−1.66%Palladium1,065.80−2.56%
Gold/Silver72.61
DXY101.65−0.13%
US10Y5.15%+0.57%
Copper6.520−0.91%
WTI98.36+1.25%
S&P 5007,757+0.58%
Dow52,856+0.69%
Bitcoin82,823−1.43%
VIX16.68−3.64%

Silver Price in January 2024

In January 2024, silver fell 3.4%, from $23.85 at the end of December to $23.05 per troy ounce on January 31, 2024. The highest close was $23.73 on January 2, 2024, the lowest $22.16 on January 22, 2024, and the average over 21 trading days was $22.87. Today's price is 145.7% higher than the January 2024 close.

End of December
$23.85
Month-end close
$23.05
Jan 31
Change
−3.4%
High
$23.73
Jan 2
Low
$22.16
Jan 22
Average
$22.87
21 trading days

Silver price chart, January 2024

US dollars per troy ounce · daily close
$22.03$23.01$23.99Dec 29Jan 5Jan 10Jan 17Jan 22Jan 26Jan 31

Daily Silver Prices, January 2024

Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.

DateClose (USD per oz)ChangeUSD per gram999 India, ₹ per kgUAE, AED per kg
Jan 2Tue$23.73−0.50% $0.76 ₹63,486AED 2,801.71
Jan 3Wed$22.95−3.32% $0.74 ₹61,421AED 2,708.80
Jan 4Thu$22.99+0.19% $0.74 ₹61,582AED 2,713.88
Jan 5Fri$23.12+0.58% $0.74 ₹61,880AED 2,729.58
Jan 8Mon$23.12−0.01% $0.74 ₹61,838AED 2,729.34
Jan 9Tue$22.90−0.93% $0.74 ₹61,157AED 2,703.92
Jan 10Wed$22.88−0.09% $0.74 ₹61,163AED 2,701.56
Jan 11Thu$22.54−1.52% $0.72 ₹60,159AED 2,660.59
Jan 12Fri$23.16+2.77% $0.74 ₹61,865AED 2,734.37
Jan 16Tue$22.93−0.99% $0.74 ₹61,093AED 2,707.34
Jan 17Wed$22.52−1.82% $0.72 ₹60,149AED 2,658.11
Jan 18Thu$22.67+0.67% $0.73 ₹60,617AED 2,676.01
Jan 19Fri$22.57−0.42% $0.73 ₹60,348AED 2,664.68
Jan 22Mon$22.16−1.81% $0.71 ₹59,231AED 2,616.44
Jan 23Tue$22.33+0.77% $0.72 ₹59,667AED 2,636.70
Jan 24Wed$22.76+1.89% $0.73 ₹60,884AED 2,686.40
Jan 25Thu$22.81+0.23% $0.73 ₹60,935AED 2,692.66
Jan 26Fri$22.76−0.23% $0.73 ₹60,829AED 2,686.84
Jan 29Mon$23.14+1.68% $0.74 ₹61,834AED 2,731.84
Jan 30Tue$23.11−0.13% $0.74 ₹61,775AED 2,727.96
Jan 31Wed$23.05−0.24% $0.74 ₹61,593AED 2,721.34
Daily closing prices of COMEX front-month silver futures (US dollars per troy ounce), which track the spot price closely. Local-currency columns are the US-dollar close × that day's exchange rate — the value of the metal before local taxes and premiums.

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 2024: FAQ

What was the price of silver in January 2024?

Silver traded between $22.16 and $23.73 per troy ounce (daily closes) in January 2024, averaging $22.87. It closed the month at $23.05.

How much did silver go down in January 2024?

Silver fell 3.4%, from $23.85 to $23.05. The biggest daily rise was +2.8% on January 12, 2024 and the biggest fall −3.3% on January 3, 2024.

What was the silver price on January 2, 2024?

Silver closed at $23.73 per troy ounce on January 2, 2024, the first trading day of the month. 999 India, ₹ per kg: ₹63,486.

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.