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Silver Price in 2021 | Historical Silver Prices
Annual summary, monthly averages, and key events that shaped silver prices in 2021
Jan 1
$26.40
Opening Price
Dec 31
$23.35
Closing Price
Year High
$30.35
Annual High
Year Low
$21.44
Annual Low
Annual Avg
$25.14
Average Price
vs 2020
-11.6%
Annual Change
Monthly Silver Price Chart — 2021
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $22.50High: $27.50
What Happened to Silver in 2021?
Silver was hit by the Reddit/WallStreetBets short squeeze attempt in late January 2021, briefly spiking above $30 before collapsing as COMEX defended existing structures. The "Silver Squeeze" attracted massive retail buying but ultimately failed to sustain higher prices. Rising real yields, driven by inflation expectations, weighed on silver through the second half. Despite record solar demand, silver ended 2021 down 12%.