Market proxy SLV$57.521D +1.20%as of market close, Sep 15, 2026
Silver monthly returns
Silver has averaged 1.07% per month, positive in 51% of months. Month-by-month returns for Silver (proxied by SLV) below, through September 15, 2026 — the table lists the most recent months; the bar chart plots the last 5 years.
Average month
+1.1%
237 months
Best month
+33.2%
Jul 2020
Worst month
-28.5%
Sep 2011
Positive months
51%
of all months
Silver monthly returns#
| Month | Path | Return |
|---|---|---|
| Sep 2026 | -4.3% | |
| Aug 2026 | +14.8% | |
| Jul 2026 | -2.9% | |
| Jun 2026 | -21.1% | |
| May 2026 | +2.5% | |
| Apr 2026 | -2.2% | |
| Mar 2026 | -19.8% | |
| Feb 2026 | +12.7% | |
| Jan 2026 | +17.1% | |
| Dec 2025 | +25.8% | |
| Nov 2025 | +16.4% | |
| Oct 2025 | +3.9% | |
| Sep 2025 | +17.1% | |
| Aug 2025 | +8.6% | |
| Jul 2025 | +1.6% | |
| Jun 2025 | +9.4% | |
| May 2025 | +1.4% | |
| Apr 2025 | -4.5% | |
| Mar 2025 | +9.5% | |
| Feb 2025 | -0.7% | |
| Jan 2025 | +8.3% | |
| Dec 2024 | -5.7% | |
| Nov 2024 | -6.3% | |
| Oct 2024 | +4.9% | |
| Sep 2024 | +7.8% | |
| Aug 2024 | -0.2% | |
| Jul 2024 | -0.7% | |
| Jun 2024 | -4.3% | |
| May 2024 | +15.4% | |
| Apr 2024 | +5.7% | |
| Mar 2024 | +9.7% | |
| Feb 2024 | -0.9% | |
| Jan 2024 | -4.0% | |
| Dec 2023 | -5.8% | |
| Nov 2023 | +10.2% | |
| Oct 2023 | +3.1% | |
| Sep 2023 | -9.2% | |
| Aug 2023 | -1.3% | |
| Jul 2023 | +8.6% | |
| Jun 2023 | -3.3% | |
| May 2023 | -6.0% | |
| Apr 2023 | +4.0% | |
| Mar 2023 | +15.1% | |
| Feb 2023 | -12.0% | |
| Jan 2023 | -0.9% | |
| Dec 2022 | +7.8% | |
| Nov 2022 | +15.9% | |
| Oct 2022 | +0.7% | |
| Sep 2022 | +5.5% | |
| Aug 2022 | -11.3% | |
| Jul 2022 | +0.3% | |
| Jun 2022 | -6.0% | |
| May 2022 | -5.7% | |
| Apr 2022 | -8.0% | |
| Mar 2022 | +1.1% | |
| Feb 2022 | +8.8% | |
| Jan 2022 | -3.3% | |
| Dec 2021 | +2.1% | |
| Nov 2021 | -4.7% | |
| Oct 2021 | +7.7% | |
| Sep 2021 | -7.3% | |
| Aug 2021 | -6.3% | |
| Jul 2021 | -2.4% | |
| Jun 2021 | -6.5% | |
| May 2021 | +7.9% | |
| Apr 2021 | +5.8% | |
| Mar 2021 | -7.9% | |
| Feb 2021 | -1.3% | |
| Jan 2021 | +1.7% | |
| Dec 2020 | +16.7% | |
| Nov 2020 | -4.3% | |
| Oct 2020 | +1.6% | |
| Sep 2020 | -17.5% | |
| Aug 2020 | +15.8% | |
| Jul 2020 | +33.2% | |
| Jun 2020 | +2.1% | |
| May 2020 | +19.2% | |
| Apr 2020 | +7.1% | |
| Mar 2020 | -16.0% | |
| Feb 2020 | -7.7% | |
| Jan 2020 | +0.8% | |
| Dec 2019 | +4.8% | |
| Nov 2019 | -5.9% | |
| Oct 2019 | +6.3% | |
| Sep 2019 | -7.2% | |
| Aug 2019 | +12.8% | |
| Jul 2019 | +6.1% | |
| Jun 2019 | +5.0% | |
| May 2019 | -2.6% | |
| Apr 2019 | -1.1% | |
| Mar 2019 | -3.1% | |
| Feb 2019 | -2.8% | |
| Jan 2019 | +3.7% | |
| Dec 2018 | +9.0% | |
| Nov 2018 | -0.7% | |
| Oct 2018 | -2.3% | |
| Sep 2018 | +0.6% | |
| Aug 2018 | -6.6% | |
| Jul 2018 | -3.6% | |
| Jun 2018 | -2.0% | |
| May 2018 | +0.5% | |
| Apr 2018 | -0.2% | |
| Mar 2018 | -0.3% | |
| Feb 2018 | -5.4% | |
| Jan 2018 | +2.3% | |
| Dec 2017 | +3.1% | |
| Nov 2017 | -1.8% | |
| Oct 2017 | +0.3% | |
| Sep 2017 | -5.5% | |
| Aug 2017 | +4.7% | |
| Jul 2017 | +1.2% | |
| Jun 2017 | -4.1% | |
| May 2017 | +0.6% | |
| Apr 2017 | -5.5% | |
| Mar 2017 | -0.7% | |
| Feb 2017 | +4.4% | |
| Jan 2017 | +10.1% | |
| Dec 2016 | -3.5% | |
| Nov 2016 | -7.7% | |
| Oct 2016 | -6.8% |
Monthly return (since Oct 2021)#
-20%-10%0%10%20%
Oct 2021+7.7%
Nov 2021-4.7%
Dec 2021+2.1%
Jan 2022-3.3%2022
Feb 2022+8.8%
Mar 2022+1.1%
Apr 2022-8.0%
May 2022-5.7%
Jun 2022-6.0%
Jul 2022+0.32%
Aug 2022-11%
Sep 2022+5.5%
Oct 2022+0.69%
Nov 2022+16%
Dec 2022+7.8%
Jan 2023-0.86%2023
Feb 2023-12%
Mar 2023+15%
Apr 2023+4.0%
May 2023-6.0%
Jun 2023-3.3%
Jul 2023+8.6%
Aug 2023-1.3%
Sep 2023-9.2%
Oct 2023+3.1%
Nov 2023+10%
Dec 2023-5.8%
Jan 2024-4.0%2024
Feb 2024-0.86%
Mar 2024+9.7%
Apr 2024+5.7%
May 2024+15%
Jun 2024-4.3%
Jul 2024-0.68%
Aug 2024-0.15%
Sep 2024+7.8%
Oct 2024+4.9%
Nov 2024-6.3%
Dec 2024-5.7%
Jan 2025+8.3%2025
Feb 2025-0.7%
Mar 2025+9.5%
Apr 2025-4.5%
May 2025+1.4%
Jun 2025+9.4%
Jul 2025+1.6%
Aug 2025+8.6%
Sep 2025+17%
Oct 2025+3.9%
Nov 2025+16%
Dec 2025+26%
Jan 2026+17%2026
Feb 2026+13%
Mar 2026-20%
Apr 2026-2.2%
May 2026+2.5%
Jun 2026-21%
Jul 2026-2.9%
Aug 2026+15%
Sep 2026-4.3%
Methodology#
Silver pays no dividends, so monthly returns are simple price changes computed from SLV's month-end closes (in USD). The table shows the most recent 120 months and the bar chart the most recent 60. See the year-by-year returns for the annual view. Past performance does not predict future returns; not investment advice.
FAQ#
- What is Silver's average monthly return?
- Silver (proxied by SLV) has averaged about 1.07% per month, positive in roughly 51% of months. The best month was Jul 2020 (+33.2%) and the worst was Sep 2011 (-28.5%).
More on Silver
By month for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100Tracked by SLV