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This page is a historical record of the silver price in January 2023, not the current price.See today's silver price (11 September 2026)
Silver ranged between $23.26 and $24.23 per troy ounce during January 2023, averaging $23.72 across 20 trading days. It finished the period at $23.75, down 0.48% from $23.86.
The strongest session of January 2023 was 6 January 2023 at +2.42%, and the weakest 5 January 2023 at -2.24%.
Twelve months earlier silver traded around $22.40, making this a +6.04% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 3 January 2023 | $24.06 | +$0.197 |
| 4 January 2023 | $23.79 | −$0.267 |
| 5 January 2023 | $23.26 | −$0.534 |
| 6 January 2023 | $23.82 | +$0.564 |
| 9 January 2023 | $23.71 | −$0.110 |
| 10 January 2023 | $23.51 | −$0.205 |
| 11 January 2023 | $23.33 | −$0.180 |
| 12 January 2023 | $23.86 | +$0.536 |
| 13 January 2023 | $24.23 | +$0.368 |
| 17 January 2023 | $23.94 | −$0.287 |
| 18 January 2023 | $23.53 | −$0.414 |
| 19 January 2023 | $23.75 | +$0.224 |
| 20 January 2023 | $23.83 | +$0.076 |
| 23 January 2023 | $23.45 | −$0.378 |
| 24 January 2023 | $23.65 | +$0.197 |
| 25 January 2023 | $23.84 | +$0.190 |
| 26 January 2023 | $23.93 | +$0.091 |
| 27 January 2023 | $23.53 | −$0.403 |
| 30 January 2023 | $23.65 | +$0.118 |
| 31 January 2023 | $23.75 | +$0.103 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Silver finished January 2023 at $23.75 per troy ounce, having fallen $0.11 (0.48%) over the month. It has traded between $23.26 and $24.23 across 20 trading days.
The average silver closing price in January 2023 was $23.72 per troy ounce, calculated across all 20 trading days in the month.
Silver reached its highest close of January 2023 at $24.23 per troy ounce on 13 January 2023.
The lowest silver close in January 2023 was $23.26 per troy ounce on 5 January 2023.
Silver fell during January 2023. It entered the month at $23.86 and closed at $23.75, a change of -0.48%.
Silver closed higher on 11 sessions and lower on 9 during January 2023. The strongest session was 6 January 2023 (+2.42%) and the weakest 5 January 2023 (-2.24%).
Daily closes in January 2023 varied with a standard deviation of 1.35% per session, and the peak-to-trough spread across the month was 4.2% ($23.26 to $24.23).
At the January 2023 close of $23.75 per troy ounce, silver worked out at about $0.76 per gram and $763.52 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 80.1 through January 2023 and finished the month near 81.2. A higher ratio means silver is cheap relative to gold.
Silver was around $22.40 per troy ounce twelve months before the end of January 2023. Closing at $23.75 makes that a gain of 6.0% year on year.