Silver Price Forecast & Prediction: What the Data Shows
Nobody can reliably predict silver prices, and we do not try to. This page shows what the historical data says: how silver has moved over the past 26 years, where the price stands today against its trend, and what a range of past outcomes would mean in dollars. It is a reference, not advice.
Statistics below use daily closes of the front-month future through 22 Oct 2026.
Where the price stands today
Today the price is below its 200-day average by 23.8% and below its 50-day average by 13.5%. The 14-day RSI is 32, which is conventionally read as neutral (between 30 and 70). These are descriptions of recent momentum, not signals.
Silver price history
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What past 12-month moves would mean in dollars
Across 6,312 rolling 12-month windows since 30 Aug 2000, silver ended higher 63% of the time. The table applies the historical percentiles of those 12-month changes to today’s price. It is arithmetic, not a forecast: the future can fall outside this range.
| Historical 12-month change | Change | Implied price |
|---|---|---|
| 10th percentile (weak outcome) | −21.3% | $42.964 |
| 25th percentile | −9.0% | $49.678 |
| Median | +9.5% | $59.768 |
| 75th percentile | +32.6% | $72.353 |
| 90th percentile (strong outcome) | +59.6% | $87.118 |
Simple scenarios
| If the price moves | −20% | −10% | +10% | +20% |
|---|---|---|---|---|
| It would reach | $43.656 | $49.113 | $60.027 | $65.484 |
Calendar-year performance
Since 30 Aug 2000, silver rose in 16 of 25 full calendar years (64%). The median annual change was +8.2% and the average +16.2%. The best year was 2025 (+142.3%) and the worst 2013 (−35.9%).
Seasonality: average change by month
| Month | Average change | Months up |
|---|---|---|
| January | +3.8% | 69% |
| February | +2.3% | 54% |
| March | +0.5% | 42% |
| April | +0.3% | 46% |
| May | +1.0% | 54% |
| June | −3.0% | 31% |
| July | +3.4% | 62% |
| August | +1.7% | 46% |
| September | −0.7% | 52% |
| October | +0.8% | 62% |
| November | +1.8% | 42% |
| December | +2.4% | 58% |
Based on month-end closes. Seasonal averages are historical tendencies with wide variation and are not reliable predictors.
What can move the silver price
- Industrial demand. Solar, electronics and electrification use silver, so industrial cycles feed into the price.
- Gold price direction. Silver often follows gold, but with larger percentage moves in both directions.
- The US dollar and rates. The same macro drivers that move gold, a strong dollar and rising real rates, usually weigh on silver as well.
- Investment flows. Coin, bar and ETF demand can swing quickly, especially when gold is rallying.
Read the latest market analysis, check the live silver price or explore year-by-year history.
Frequently asked questions
Will silver go up or down?
No one knows. Prices respond to rates, currencies, supply, demand and news that cannot be forecast reliably. This page shows historical statistics so you can see the range of past outcomes.
Are the price targets on this page predictions?
No. The implied prices apply percentiles of past 12-month changes to the current price. They show what similar moves would mean in dollars; they are not targets and carry no probability for the future.
What do the 50-day and 200-day averages show?
They smooth recent closes. Many market participants watch whether the price is above or below them as a gauge of trend, but crossing them does not guarantee what comes next.
Information only, not investment advice. Past performance does not guarantee future results. Methodology.