Silver Price in July 2025
In July 2025, silver rose 2.0%, from $35.85 at the end of June to $36.55 per troy ounce on July 31, 2025. The highest close was $39.32 on July 22, 2025, the lowest $36.08 on July 1, 2025, and the average over 23 trading days was $37.69. Today's price is 47.3% higher than the July 2025 close.
- Silver rose 2.0% in US dollars in July 2025, leaving it up 26.3% for the year to date.
- Measured in other currencies, the change ranged from +2.0% in CNY to +5.5% in GBP, because exchange rates moved too.
- It did better than gold (−0.4%), and worse than bitcoin (+8.0%) and US stocks (+2.2%).
- It closed higher on 11 trading days and lower on 12, with an average daily move of 1.03%.
- At the end of the month it was 24.8% below its highest close since 2000.
- Gold/silver ratio: 92.3 → 90.1.
- The biggest reaction to a scheduled US release was to the Fed rate decision on 30 July: −4.0% over two sessions.
Silver price chart, July 2025
US dollars per troy ounce · daily closeSilver in other currencies, July 2025
| Currency | Change in the month |
|---|---|
| GBP | +5.5% |
| JPY | +5.3% |
| INR | +4.6% |
| EUR | +4.6% |
| TRY | +3.7% |
| AUD | +3.3% |
| ZAR | +3.2% |
| CAD | +3.0% |
| PKR | +2.3% |
| MXN | +2.2% |
| CNY | +2.0% |
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, July 2025
| Asset | Change (USD) |
|---|---|
| Silver | +2.0% |
| Gold | −0.4% |
| Bitcoin | +8.0% |
| S&P 500 (with dividends) | +2.2% |
| US inflation (CPI, month) | +0.15% |
| Silver, year to date (end of July) | +26.3% |
| Gold/silver ratio | 92.3 → 90.1 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
The Fed and US Data in July 2025
Scheduled US releases this month and how silver moved. For Fed decisions the move covers two sessions, because the statement comes after the gold futures settle.
| Date | Release | Result | Silver |
|---|---|---|---|
| Thu 3 Jul | Jobs report (June 2025) | — | +1.0% |
| Tue 15 Jul | CPI inflation (June 2025) | — | −1.6% |
| Wed 30 Jul | Fed rate decision | Rates unchanged (4.25–4.50%) | −4.0% |
Daily Silver Prices, July 2025
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 |
|---|---|---|---|---|---|
| Jul 1Tue | $36.08 | +0.64% | $1.16 | ₹99,434 | AED 4,259.17 |
| Jul 2Wed | $36.43 | +0.95% | $1.17 | ₹1,00,298 | AED 4,299.78 |
| Jul 3Thu | $36.78 | +0.98% | $1.18 | ₹1,01,345 | AED 4,342.04 |
| Jul 4Fri | $36.78 | −0.02% | $1.18 | ₹1,00,877 | AED 4,340.97 |
| Jul 7Mon | $36.62 | −0.44% | $1.18 | ₹1,00,646 | AED 4,323.62 |
| Jul 8Tue | $36.47 | −0.39% | $1.17 | ₹1,00,717 | AED 4,305.21 |
| Jul 9Wed | $36.35 | −0.33% | $1.17 | ₹1,00,167 | AED 4,290.93 |
| Jul 10Thu | $37.04 | +1.89% | $1.19 | ₹1,02,062 | AED 4,372.02 |
| Jul 11Fri | $38.68 | +4.42% | $1.24 | ₹1,06,608 | AED 4,565.37 |
| Jul 14Mon | $38.46 | −0.55% | $1.24 | ₹1,06,125 | AED 4,541.72 |
| Jul 15Tue | $37.83 | −1.63% | $1.22 | ₹1,04,571 | AED 4,465.98 |
| Jul 16Wed | $37.85 | +0.05% | $1.22 | ₹1,04,654 | AED 4,468.22 |
| Jul 17Thu | $38.06 | +0.54% | $1.22 | ₹1,05,083 | AED 4,492.19 |
| Jul 18Fri | $38.22 | +0.44% | $1.23 | ₹1,05,742 | AED 4,513.37 |
| Jul 21Mon | $39.10 | +2.30% | $1.26 | ₹1,08,300 | AED 4,617.05 |
| Jul 22Tue | $39.32 | +0.56% | $1.26 | ₹1,08,965 | AED 4,641.39 |
| Jul 23Wed | $39.28 | −0.11% | $1.26 | ₹1,09,035 | AED 4,636.43 |
| Jul 24Thu | $39.02 | −0.65% | $1.25 | ₹1,08,392 | AED 4,607.60 |
| Jul 25Fri | $38.17 | −2.19% | $1.23 | ₹1,06,058 | AED 4,505.29 |
| Jul 28Mon | $38.03 | −0.37% | $1.22 | ₹1,05,759 | AED 4,490.11 |
| Jul 29Tue | $38.08 | +0.15% | $1.22 | ₹1,06,253 | AED 4,495.49 |
| Jul 30Wed | $37.57 | −1.36% | $1.21 | ₹1,05,153 | AED 4,434.35 |
| Jul 31Thu | $36.55 | −2.70% | $1.18 | ₹1,03,080 | AED 4,314.65 |
How July usually goes for silver
In the 20 years from 2006 to 2025, silver rose in July 13 times out of 20, with an average move of +3.5% and a median of +1.5%.
Silver in July 2025: FAQ
What was the price of silver in July 2025?
Silver traded between $36.08 and $39.32 per troy ounce (daily closes) in July 2025, averaging $37.69. It closed the month at $36.55.
How much did silver go up in July 2025?
Silver rose 2.0%, from $35.85 to $36.55. The biggest daily rise was +4.4% on July 11, 2025 and the biggest fall −2.7% on July 31, 2025.
What was the silver price on July 1, 2025?
Silver closed at $36.08 per troy ounce on July 1, 2025, the first trading day of the month. 999 India, ₹ per kg: ₹99,434.
Is July usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in July 13 times out of 20, with an average move of +3.5% and a median of +1.5%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in July 2025?
Silver rose 4.6% in Indian rupee terms in July 2025, compared with +2.0% in US dollars.
Did silver beat stocks in July 2025?
No. Silver was +2.0% for the month, against +2.2% for the S&P 500 with dividends.
How did silver react to the Fed and US data in July 2025?
Of 3 scheduled US releases this month, the biggest move came after the Fed rate decision on 30 July: −4.0%. The full list with each reaction is on this page.
Did silver keep up with inflation in July 2025?
US consumer prices (CPI) changed +0.15% in July, so silver's real (inflation-adjusted) change was about +1.8%.