Silver Price in 2021
In 2021, the price of silver averaged $25.14 per troy ounce, up 22.3% from the year before. This page covers the 2021 average, high, low, and year-end close, the events that moved the market, and what that silver would be worth in today's dollars.
2021 Average
$25.14
LBMA annual average, USD/oz
Change vs 2020
+22.3%
from $20.55 in 2020
2021 High
$30.14
from daily trading data
2021 Low
$21.42
from daily trading data
Year-End Close
$23.31
last trading day of 2021
Silver Price Chart, 2005 to 2025
Silver Price by Month in 2021
Each month's average of daily closing prices, with its high and low, per troy ounce. These come from MetalCharts daily spot data, so they can differ slightly from the annual average above, which is based on LBMA annual average data.
| Month | Average | High | Low |
|---|---|---|---|
| January 2021 | $25.88 | $27.93 | $24.02 |
| February 2021 | $27.31 | $30.14 | $25.90 |
| March 2021 | $25.62 | $27.08 | $23.78 |
| April 2021 | $25.68 | $26.65 | $24.25 |
| May 2021 | $27.51 | $28.75 | $25.81 |
| June 2021 | $26.92 | $28.56 | $25.53 |
| July 2021 | $25.71 | $26.77 | $24.50 |
| August 2021 | $23.97 | $26.01 | $22.10 |
| September 2021 | $23.25 | $24.87 | $21.42 |
| October 2021 | $23.39 | $24.83 | $21.99 |
| November 2021 | $24.15 | $25.41 | $22.69 |
| December 2021 | $22.53 | $23.44 | $21.43 |
What happened to the silver price in 2021
Silver averaged $25.14 per troy ounce in 2021, climbing 22.3% from the $20.55 average of 2020. Daily trading data shows silver moved between a low of $21.42 and a high of $30.14 during the year, ending 2021 at $23.31. The notable development of 2021: Reddit WallStreetBets silver squeeze.
The 2020s have been silver's most dramatic decade since the 1980s. A pandemic crash to $12, the Reddit squeeze of 2021, and surging solar demand set the stage for the late 2025 breakout that finally cleared the 1980 record.
Adjusted for inflation, silver's 2021 average of $25.14 equals about $30 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.
Frequently Asked Questions
What was the price of silver in 2021?
What is a 2021 silver price worth in today's dollars?
What moved the silver price in 2021?
Annual averages are LBMA prices per troy ounce in US dollars. Where shown, the yearly high, low, and close come from MetalCharts daily historical data and may differ slightly from figures published elsewhere. Inflation adjustments use BLS CPI-U annual averages.