Silver Price in 2020
The silver price rose 47.7% in 2020, from $17.83 at the end of 2019 to $26.33. Its highest close was $29.25 on Aug 10, and its lowest $11.74 on Mar 18. The biggest one-day fall was −11.6% on Mar 16 and the biggest rise +7.6% on Mar 24. Adjusted for inflation, it gained 45.7%.
Daily COMEX prices, the year in 12 currencies and festival prices: Silver Price in 2020 →
Silver Price, daily closes 2020
Numbers mark the events belowKey Events in 2020
What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.
- 1
Wednesday, March 11World Health Organization declares COVID-19 a pandemic. SourceSilver: −1.0% that day · −10.4% a month later
- 2
Friday, March 13 From the dataEnters a bear market: 20% below its peak of $19.39 (September 4, 2019).
- 3
Monday, March 16 From the dataBiggest one-day fall of the year: −11.6%.
- 4
Wednesday, March 18 From the dataBear market low: $11.74, 39.5% below the peak.
- 5
Tuesday, March 24 From the dataBiggest one-day rise of the year: +7.6%.
- 6
Friday, March 27President Trump signs the $2.2 trillion CARES Act economic relief bill. SourceSilver: −1.0% that day · +3.8% a month later
- 7
Monday, July 13 From the dataBack above its pre-bear-market peak of $19.39 (September 4, 2019).
- 8
Tuesday, July 21 From the dataBack above its pre-bear-market peak of $20.62 (August 2, 2016).
- 9
Tuesday, August 4Gold rises above $2,000 an ounce for the first time. SourceSilver: +6.7% that day · +16.8% a month later
- 10
Tuesday, August 4 From the dataBack above its pre-bear-market peak of $24.74 (August 28, 2013).
- 11
Wednesday, September 23 From the dataEnters a bear market: 20% below its peak of $29.25 (August 10, 2020).
- 12
Monday, November 9Pfizer and BioNTech report their COVID-19 vaccine is more than 90% effective; US stock indexes hit record highs. SourceSilver: −7.6% that day · −3.8% a month later
- 13
Monday, November 30 From the dataBear market low: $22.53, 23.0% below the peak.
Biggest days of 2020
| Best days | Worst days | ||
|---|---|---|---|
| Mar 24 | +7.6% | Mar 16 | −11.6% |
| Jul 22 | +7.4% | Aug 11 | −11.0% |
| Jul 27 | +7.3% | Sep 21 | −10.1% |
| Mar 23 | +7.1% | Mar 13 | −9.4% |
| Jul 21 | +6.8% | Nov 9 | −7.6% |
Volatility: 46.0% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $17.97 | +0.8% |
| Feb | $16.39 | −8.8% |
| Mar | $14.10 | −14.0% |
| Apr | $14.90 | +5.7% |
| May | $18.44 | +23.8% |
| Jun | $18.54 | +0.5% |
| Jul | $24.19 | +30.5% |
| Aug | $28.44 | +17.6% |
| Sep | $23.43 | −17.6% |
| Oct | $23.62 | +0.8% |
| Nov | $22.53 | −4.6% |
| Dec | $26.33 | +16.9% |
Other Markets in 2020
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Silver Price | +47.7% | $26.33 |
| Dow Jones Industrial Average in 2020 | +7.2% | 30,606.48 |
| S&P 500 in 2020 | +16.3% | 3,756.07 |
| Nasdaq Composite in 2020 | +43.6% | 12,888.28 |
| Russell 2000 in 2020 | +18.4% | 1,974.86 |
| Nikkei 225 in 2020 | +16.0% | 27,444.17 |
| Gold in 2020 | +24.7% | $1,895.10 |
| WTI crude oil in 2020 | −20.5% | $48.52 |
| Brent crude oil in 2020 | −21.5% | $51.80 |
| US 10-year Treasury yield in 2020 | −1.00 pp | 0.92% |
Silver Price in 2020: FAQ
How much did the silver price rise in 2020?
The silver price rose 47.7% in 2020, from $17.83 at the end of 2019 to $26.33. Its highest close was $29.25 on Aug 10, and its lowest $11.74 on Mar 18. The biggest one-day fall was −11.6% on Mar 16 and the biggest rise +7.6% on Mar 24. Adjusted for inflation, it gained 45.7%.
What were the highest and lowest closes of the silver price in 2020?
Highest: $29.25 on August 10, 2020. Lowest: $11.74 on March 18, 2020. It closed higher on 140 of 253 trading days.
What happened to the silver price on November 9, 2020?
Pfizer and BioNTech report their COVID-19 vaccine is more than 90% effective; US stock indexes hit record highs. The silver price fell 7.6% that day, and was −3.8% a month later.
Data: London silver fix from 1968 to Jan 2018 (gaps filled with Perth Mint spot), COMEX silver futures closes after that. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026silverpricein2020, author = {{Corgano}}, title = {Silver Price in 2020}, howpublished = {\url{https://silverprice.corgano.com/silver-price-history/2020}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-11-01}}