Silver Historical Data
Decades of silver price history. Pick any date range to see real returns, drawdowns, and year-by-year performance.
Portfolio Growth Aug 30, 2021 – Aug 28, 2026
Showing growth of $10,000 invested in silver.
Annual Returns
| Year | Start Price | End Price | Return |
|---|---|---|---|
| 2026 | $70.56 | $70.09 | -0.66% |
| 2025 | $29.62 | $70.13 | +136.76% |
| 2024 | $23.73 | $28.94 | +21.94% |
| 2023 | $24.06 | $23.85 | -0.86% |
| 2022 | $22.79 | $23.86 | +4.70% |
| 2021 | $23.96 | $23.33 | -2.64% |
About This Silver Price Data
This tool uses daily silver futures prices (SI=F), updated automatically each trading day. Silver's price history is notably more volatile than gold's — its smaller market and significant industrial demand (electronics, solar panels) mean it tends to rally harder and fall further than gold over the same stretches. Set the date range above to any period to see exact return and drawdown figures.
For a rate that projects silver forward using this same historical data, use the silver ROI calculator, or compare silver against gold and equities directly with the historical market comparison tool.
Frequently Asked Questions
Why is silver more volatile than gold?
The silver market is much smaller than gold's, so the same amount of buying or selling moves the price more. Silver also has substantial industrial demand, so its price reacts to manufacturing and economic-growth expectations in a way gold's mostly-monetary demand doesn't.
What drives the silver price besides investment demand?
Roughly half of silver demand comes from industrial uses — electronics, solar panel manufacturing, and electrical contacts — so silver prices are more sensitive to global manufacturing activity than gold prices are.
Is this the spot price or a silver ETF price?
This is silver futures (SI=F) pricing, which closely tracks the spot price. It doesn't include ETF-specific factors like expense ratios or tracking error, which would slightly reduce returns for an actual fund holding.
How does silver compare to gold over time?
Over most multi-decade periods gold has delivered smoother, less volatile returns, while silver has produced sharper rallies and deeper drawdowns around a broadly similar long-term trend. Use the historical comparison tool to see both plotted together over your own date range.