Silver54.45+0.87%Gold4,060.84+1.09%Platinum1,543.46+0.84%Palladium1,035.50−0.98%
Gold/Silver74.59
DXY102.36+0.39%
US10Y4.99%+0.14%
Copper6.661+1.82%
WTI100.20−1.53%
S&P 5007,723+0.60%
Dow52,378+0.03%
Bitcoin80,561+0.69%
VIX17.52−4.73%

Silver Seasonality: Every Month Since 1971

Since 1971, silver has risen in 49% of months (330 of 669), with an average monthly change of +1.0%. Its strongest month on average has been January (+3.1%, up in 63% of years) and its weakest June (−2.2%). After a higher month, the next month rose 48% of the time; after a lower month, 51%.

Average change by calendar month, 1971–2026

hover for the median and how often it rose
+3.5%+1.75%−2.5%0%Jan: avg +3.13%, median +2.12%, up in 63% of 56 years+3.1JanFeb: avg +2.34%, median -0.34%, up in 48% of 56 years+2.3FebMar: avg -0.31%, median -0.69%, up in 43% of 56 years−0.3MarApr: avg +0.51%, median -0.83%, up in 45% of 56 years+0.5AprMay: avg +0.61%, median +0.64%, up in 54% of 56 years+0.6MayJun: avg -2.21%, median -2.76%, up in 32% of 56 years−2.2JunJul: avg +2.73%, median +1.34%, up in 61% of 56 years+2.7JulAug: avg -0.02%, median -0.78%, up in 43% of 56 years−0.0AugSep: avg +1.92%, median +1.26%, up in 54% of 56 years+1.9SepOct: avg -0.09%, median +0.73%, up in 55% of 55 years−0.1OctNov: avg +0.76%, median -1.12%, up in 42% of 55 years+0.8NovDec: avg +2.48%, median +0.40%, up in 55% of 55 years+2.5Dec
MonthRoseAverageMedianBestWorstLast 10 years
January 35 of 5663%+3.1%+2.1% +27.1%1983−15.2%19817 up, 3 down
February 27 of 5648%+2.3%−0.3% +47.0%1974−15.3%19833 up, 7 down
March 24 of 5643%−0.3%−0.7% +21.2%2006−62.0%19804 up, 6 down
April 25 of 5645%+0.5%−0.8% +28.9%1987−24.0%20045 up, 5 down
May 30 of 5654%+0.6%+0.6% +23.8%2020−20.4%20117 up, 3 down
June 18 of 5632%−2.2%−2.8% +22.3%1980−21.6%19813 up, 7 down
July 34 of 5661%+2.7%+1.3% +30.5%2020−15.3%19845 up, 5 down
August 24 of 5643%0.0%−0.8% +18.6%2013−21.3%20085 up, 5 down
September 30 of 5654%+1.9%+1.3% +57.5%1979−26.4%20114 up, 6 down
October −10.0% so far 30 of 5555%−0.1%+0.7% +20.5%1982−28.4%20088 up, 2 down
November 23 of 5542%+0.8%−1.1% +17.6%2025−9.5%20153 up, 7 down
December 30 of 5555%+2.5%+0.4% +69.5%1979−15.9%19807 up, 3 down
Month-end closes from the market-history database (London and COMEX silver prices, US dollars per troy ounce). A month's change is its last close against the previous month's last close. Past patterns are not a reliable guide to any single month.

What Happens the Month After Silver Rises or Falls?

All months since 1971: how often the next month rose after a higher or a lower month, against 49% for all months.

After a higher month

Inconclusive
Next month rose
159 of 330 (48%)
Average next month
+1.2%
Median next month
−0.4%

After silver ends a month higher, the next month has risen 48% of the time since 1971 (159 of 330), against 49% for all months, with an average change of +1.2% and a median of −0.4%: no meaningful pattern.

After a lower month

Inconclusive
Next month rose
169 of 333 (51%)
Average next month
+0.8%
Median next month
+0.2%

After silver ends a month lower, the next month has risen 51% of the time since 1971 (169 of 333), against 49% for all months, with an average change of +0.8% and a median of +0.2%: no meaningful pattern.

After the biggest months

the largest fifth of rises and of falls
After a monthCasesNext month roseAverage next monthVerdict
Up 12.5% or more6652%+3.0%Inconclusive
Down 8.4% or more6656%+2.0%Inconclusive

"Momentum" or "rebound" only when the share differs from all months by at least 5 percentage points, with at least 20 cases, and by more than chance would explain (95% confidence); otherwise "inconclusive". Each month's page has the same figures for that month alone.

Silver Seasonality FAQ

What is the best month for silver?

By average change since 1971, January (+3.1%). The month that rose most often is January (63% of years). The weakest on average is June (−2.2%). Seasonal averages are small next to the swings in any single year.

Does silver keep rising after a strong month?

After silver ends a month higher, the next month has risen 48% of the time since 1971 (159 of 330), against 49% for all months, with an average change of +1.2% and a median of −0.4%: no meaningful pattern.

Does silver rebound after a weak month?

After silver ends a month lower, the next month has risen 51% of the time since 1971 (169 of 333), against 49% for all months, with an average change of +0.8% and a median of +0.2%: no meaningful pattern.

History, not advice: past monthly patterns do not predict any single month. Data to 26 October 2026.

Cite this page

For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.

APA 7
Corgano. (2026, October 27). Silver seasonality: every month since 1971. Corgano Silver Price. Retrieved October 27, 2026, from https://silverprice.corgano.com/silver-seasonality
MLA 9
“Silver seasonality: every month since 1971.” Corgano Silver Price, silverprice.corgano.com/silver-seasonality. Accessed 27 Oct. 2026.
Chicago
Corgano. “Silver seasonality: every month since 1971.” Corgano Silver Price. Accessed October 27, 2026. https://silverprice.corgano.com/silver-seasonality.
BibTeX
@misc{corgano2026silverseasonalityeverymonth, author = {{Corgano}}, title = {Silver seasonality: every month since 1971}, howpublished = {\url{https://silverprice.corgano.com/silver-seasonality}}, year = {2026}, note = {Corgano Silver Price, accessed 2026-10-27}}
Link
Silver seasonality: every month since 1971 — Corgano Silver Price: https://silverprice.corgano.com/silver-seasonality