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Price history · January 2025

Silver price in January 2025

Silver rose 9.3% in January 2025, closing at $31.61 on January 31, 2025. The month's high was $31.61 on Jan 31 and its low $29.41 on Jan 2; the average price was $30.37, down 0.3% on December's. That left silver up 9.3% for 2025 so far.

Data retrieved 2026-11-03 LBMA Silver Price (daily benchmark), 22 trading days Methodology

Silver opened January 2025 at $29.41 and closed at $31.61; high $31.61 on January 31, 2025, low $29.41 on January 2, 2025.

Silver, US dollars per troy ounce, each trading day of January 2025. LBMA Silver Price (daily benchmark), 22 trading days. Dashed line: the previous month's average.

Silver day by day in January 2025

Each trading day's change against the previous trading day's price. Jan 2 is compared with Dec 31, the last price of December 2024.

Day Change Size of the move
Thu Jan 2 +1.73%
Fri Jan 3 +1.39%
Mon Jan 6 +1.53%
Tue Jan 7 −0.12%
Wed Jan 8 −0.31%
Thu Jan 9 +0.48%
Fri Jan 10 +0.23%
Mon Jan 13 −1.56%
Tue Jan 14 −0.49%
Wed Jan 15 +0.86%
Thu Jan 16 +2.38%
Fri Jan 17 −0.24%
Mon Jan 20 −1.22%
Tue Jan 21 +0.76%
Wed Jan 22 +1.02%
Thu Jan 23 −1.04%
Fri Jan 24 +1.20%
Mon Jan 27 −0.84%
Tue Jan 28 −1.41%
Wed Jan 29 +0.96%
Thu Jan 30 +1.82%
Fri Jan 31 +1.97%
  • Days up13of 22 trading days
  • Days down9of 22 trading days
  • Largest rise+2.38%Jan 16
  • Largest fall−1.56%Jan 13
  • Typical daily move1.03%median size of a day's move, up or down

LBMA Silver Price (daily benchmark), 22 trading days. Moves are worked out from the daily prices; the daily LBMA prices themselves are not listed (see sources below). Past moves, not a forecast.

What moved silver in January 2025

Silver recovered most of its December loss, gaining 9.3% in January and finishing the month at its high on January 31 as tariff worries and a pause in the dollar's rise supported metals.

Largest one-day rise: +2.4% on Jan 16. Largest one-day fall: −1.6% on Jan 13.

What is moving silver now: today's market news.

Written by the Bullion Trading LLC editorial team from the price data and widely reported market events. Past moves, not a forecast.

January 2025 compared

MonthAverageHighLowCloseChange
January 2025 $30.37 $31.61 $29.41 $31.61 +9.3%
December 2024 $30.46 $31.90 $28.80 $28.91 −5.8%
January 2024 $22.95 $23.95 $22.20 $23.09 −2.9%

Silver's January 2025 average was 32.3% above its January 2024 average. January's high was the highest daily price of 2025 up to that point.

US dollars per troy ounce. Change = the month's last price against the previous month's last price.

Silver month by month

Silver price in 2025 →

Gold price in January 2025 →

For today's silver price, see the live spot price page and today's market news, or shop silver bullion at Bullion Trading LLC. Buying? See premiums over spot and current deals. Selling? See what we pay today.

Sources: LBMA precious metal prices through 2026-09-28 (shown as charts, summaries and daily percentage moves only; we don't publish daily LBMA price tables); Bullion Trading LLC weekday spot closes afterward. Latest observation for this metal: 2026-11-03; the current month is provisional. Prepared by the Bullion Trading LLC editorial team.