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Silver Price in 2022 | Historical Silver Prices

Annual summary, monthly averages, and key events that shaped silver prices in 2022

- 202120222023 -

Jan 1

$23.35

Opening Price

Dec 31

$23.97

Closing Price

Year High

$26.94

Annual High

Year Low

$17.40

Annual Low

Annual Avg

$21.73

Average Price

vs 2021

+2.7%

Annual Change

Monthly Silver Price Chart — 2022

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Low: $17.80High: $25.50

Monthly Average Silver Prices — 2022

MonthAvg Price (USD/oz)vs Prev Month
Jan 2022$23.50+0.6%
Feb 2022$23.80+1.3%
Mar 2022$25.50+7.1%
Apr 2022$25.00-2.0%
May 2022$22.50-10.0%
Jun 2022$21.50-4.4%
Jul 2022$18.80-12.6%
Aug 2022$19.40+3.2%
Sep 2022$18.60-4.1%
Oct 2022$17.80-4.3%
Nov 2022$21.20+19.1%
Dec 2022$23.97+13.1%

What Happened to Silver in 2022?

Silver was essentially flat in 2022, masking a wild round-trip. Russia's invasion of Ukraine drove a spike to nearly $27 in March. Then the Federal Reserve's aggressive rate hiking cycle (425bps) drove silver to $17.40 by September — an 18-month low. Year-end recovery was driven by China's reopening from COVID lockdowns and solar demand optimism. The gold/silver ratio ended near 83.

Browse All Years

2000-13.8%2001-1.1%2002+6%2003+24.6%2004+13.4%2005+30.5%2006+46.1%2007+14.4%2008-24.6%2009+55.8%2010+83.4%2011-8%2012+6.3%2013-34.9%2014-18.1%2015-13.5%2016+15.7%2017+0.1%2018-3.4%2019+15.4%2020+47.9%2021-11.6%2022+2.7%2023+2.8%2024+19%2025+6.4%2026+3.1%

Related Pages

Live Silver PriceAll Historical YearsGold Price HistoryGold/Silver Ratio