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Silver's highest closing price on record
Silver closed at $94.21 per troy ounce on 20 January 2026, up $6.115 (6.94%) from the previous close of $88.09.
Notable session: moved more than 3% in a session.
Twelve months earlier silver traded around $30.95, making this a +204.37% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $94.21 per troy ounce on 20 January 2026. That is $6.11 higher than the previous close of $88.09, a move of 6.94%.
The silver price rose on 20 January 2026, gaining $6.11 (6.94%) against the previous session's close of $88.09.
At $94.21 per troy ounce, one gram of pure silver was worth about $3.03 on 20 January 2026. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 50.5 on 20 January 2026, meaning one ounce of gold was worth roughly 50.5 ounces of silver.
A week before 20 January 2026, silver was around $85.88 per troy ounce, so the close of $94.21 is a gain of 9.7% over the week.
A month before 20 January 2026, silver was around $66.85 per troy ounce, so the close of $94.21 is a gain of 40.9% over the month.
A year before 20 January 2026, silver was around $30.95 per troy ounce. The close of $94.21 therefore represents a rise of 204.4% over twelve months.