Writing this year of 2022 silver synopsis the following year, the World Silver Survey notes that while demand for silver in 2022 was an all-time record of 1.242 billion oz, the year’s supply could not meet such demand resulting in a deficit for the year of nearly -238 million oz.

Of course, earlier in the year, the same entity guess there would be a silver supply deficit, but they only missed the silver supply deficit 2022 figure by a factor of nearly 12X.

2021 Silver Prices - Daily Silver Price Fix Data Below

Date	Daily Silver Price Fix
1/4/2022	$22.89
1/5/2022	$23.06
1/6/2022	$22.25
1/7/2022	$22.24
1/10/2022	$22.46
1/11/2022	$22.59
1/12/2022	$22.75
1/13/2022	$23.25
1/14/2022	$23.10
1/17/2022	$23.02
1/18/2022	$22.92
1/19/2022	$23.78
1/20/2022	$24.23
1/21/2022	$24.32
1/24/2022	$24.07
1/25/2022	$23.67
1/26/2022	$23.86
1/27/2022	$23.17
1/28/2022	$22.50
1/31/2022	$22.50
2/1/2022	$22.88
2/2/2022	$22.78
2/3/2022	$22.36
2/4/2022	$22.51
2/7/2022	$22.86
2/8/2022	$22.86
2/9/2022	$23.25
2/10/2022	$23.36
2/11/2022	$22.90
2/14/2022	$23.69
2/15/2022	$23.29
2/16/2022	$23.50
2/17/2022	$23.59
2/18/2022	$23.77
2/21/2022	$23.74
2/22/2022	$24.01
2/23/2022	$24.11
2/24/2022	$25.32
2/25/2022	$24.21
2/28/2022	$24.35
3/1/2022	$24.64
3/2/2022	$25.08
3/3/2022	$25.31
3/4/2022	$25.15
3/7/2022	$25.74
3/8/2022	$26.12
3/9/2022	$26.18
3/10/2022	$25.95
3/11/2022	$25.66
3/14/2022	$25.38
3/15/2022	$24.64
3/16/2022	$24.95
3/17/2022	$25.34
3/18/2022	$25.24
3/21/2022	$25.04
3/22/2022	$25.09
3/23/2022	$25.02
3/24/2022	$25.32
3/25/2022	$25.62
3/28/2022	$24.91
3/29/2022	$24.64
3/30/2022	$24.76
3/31/2022	$24.82
4/1/2022	$24.69
4/4/2022	$24.67
4/5/2022	$24.68
4/6/2022	$24.27
4/7/2022	$24.38
4/8/2022	$24.63
4/11/2022	$25.05
4/12/2022	$25.01
4/13/2022	$25.64
4/14/2022	$25.66
4/19/2022	$25.92
4/20/2022	$25.20
4/21/2022	$24.65
4/22/2022	$24.35
4/25/2022	$23.52
4/26/2022	$23.77
4/27/2022	$23.64
4/28/2022	$23.16
4/29/2022	$23.45
5/3/2022	$22.63
5/4/2022	$22.60
5/5/2022	$22.92
5/6/2022	$22.49
5/9/2022	$21.87
5/10/2022	$21.87
5/11/2022	$21.79
5/12/2022	$20.99
5/13/2022	$20.84
5/16/2022	$21.17
5/17/2022	$21.78
5/18/2022	$21.67
5/19/2022	$21.56
5/20/2022	$22.03
5/23/2022	$22.09
5/24/2022	$21.93
5/25/2022	$21.83
5/26/2022	$21.89
5/27/2022	$22.28
5/30/2022	$22.04
5/31/2022	$21.77
6/1/2022	$21.61
6/6/2022	$22.26
6/7/2022	$22.09
6/8/2022	$21.92
6/9/2022	$21.93
6/10/2022	$21.59
6/13/2022	$21.56
6/14/2022	$21.24
6/15/2022	$21.46
6/16/2022	$21.44
6/17/2022	$21.85
6/20/2022	$21.66
6/21/2022	$21.67
6/22/2022	$21.42
6/23/2022	$21.19
6/24/2022	$20.86
6/27/2022	$21.46
6/28/2022	$21.24
6/29/2022	$20.98
6/30/2022	$20.42
7/1/2022	$19.73
7/4/2022	$19.86
7/5/2022	$19.84
7/6/2022	$19.22
7/7/2022	$19.43
7/8/2022	$19.20
7/11/2022	$19.21
7/12/2022	$18.87
7/13/2022	$18.96
7/14/2022	$18.76
7/15/2022	$18.46
7/18/2022	$18.88
7/19/2022	$18.90
7/20/2022	$18.78
7/21/2022	$18.27
7/22/2022	$18.81
7/25/2022	$18.76
7/26/2022	$18.54
7/27/2022	$18.77
7/28/2022	$19.33
7/29/2022	$20.07
8/1/2022	$20.41
8/2/2022	$20.34
8/3/2022	$19.92
8/4/2022	$20.27
8/5/2022	$20.06
8/8/2022	$20.20
8/9/2022	$20.60
8/10/2022	$20.44
8/11/2022	$20.54
8/12/2022	$20.27
8/15/2022	$20.33
8/16/2022	$20.13
8/17/2022	$19.91
8/18/2022	$19.83
8/19/2022	$19.23
8/22/2022	$18.90
8/23/2022	$18.99
8/24/2022	$19.00
8/25/2022	$19.33
8/26/2022	$19.22
8/30/2022	$18.70
8/31/2022	$17.95
9/1/2022	$17.77
9/2/2022	$17.92
9/5/2022	$18.23
9/6/2022	$18.40
9/7/2022	$18.17
9/8/2022	$18.63
9/9/2022	$18.77
9/12/2022	$19.22
9/13/2022	$19.93
9/14/2022	$19.51
9/15/2022	$19.37
9/16/2022	$19.00
9/20/2022	$19.32
9/21/2022	$19.51
9/22/2022	$19.59
9/23/2022	$19.00
9/26/2022	$18.64
9/27/2022	$18.68
9/28/2022	$18.26
9/29/2022	$18.67
9/30/2022	$19.02
10/3/2022	$19.42
10/4/2022	$20.93
10/5/2022	$20.44
10/6/2022	$20.54
10/7/2022	$20.63
10/10/2022	$19.83
10/11/2022	$19.40
10/12/2022	$19.19
10/13/2022	$19.18
10/14/2022	$18.77
10/17/2022	$18.60
10/18/2022	$18.70
10/19/2022	$18.44
10/20/2022	$18.79
10/21/2022	$18.39
10/24/2022	$19.22
10/25/2022	$18.88
10/26/2022	$19.59
10/27/2022	$19.37
10/28/2022	$19.23
10/31/2022	$19.17
11/1/2022	$20.00
11/2/2022	$19.78
11/3/2022	$18.92
11/4/2022	$19.97
11/7/2022	$20.67
11/8/2022	$20.75
11/9/2022	$21.32
11/10/2022	$21.09
11/11/2022	$21.48
11/14/2022	$21.47
11/15/2022	$21.94
11/16/2022	$21.95
11/17/2022	$21.08
11/18/2022	$21.10
11/21/2022	$20.64
11/22/2022	$21.27
11/23/2022	$21.27
11/24/2022	$21.56
11/25/2022	$21.34
11/28/2022	$21.48
11/29/2022	$21.37
11/30/2022	$21.56
12/1/2022	$22.14
12/2/2022	$22.61
12/5/2022	$22.99
12/6/2022	$22.54
12/7/2022	$22.39
12/8/2022	$22.70
12/9/2022	$23.11
12/12/2022	$23.39
12/13/2022	$23.40
12/14/2022	$23.61
12/15/2022	$23.17
12/16/2022	$22.83
12/19/2022	$23.24
12/20/2022	$23.74
12/21/2022	$23.89
12/22/2022	$23.74
12/23/2022	$23.74
12/28/2022	$23.86
12/29/2022	$23.86
12/30/2022	$23.95

The London Bullion Market Association

London Bullion Market Association: LBMA is a wholesale over-the-counter market for selling silver bars and other precious metals, like gold, platinum, and palladium. Their expected auction starts London time locally at around 10:30 AM and 3:00 PM.

Silver fix prices represent composite prices from various trading banks and brokerages in the over-the-counter Silver Bullion markets.

Foreign exchange (forex) prices are the most widely quoted in the precious metals industry.

Worldwide, forex silver markets trade continuously 24 hours a day from Sunday 6:00 PM (Eastern Time) to Friday 5:00 PM (Eastern Time).

The viewer acknowledges and agrees that SD Bullion does not guarantee the accuracy, timeliness, or completeness of the displayed price data. Nor shall it be liable to any individual or entity for delays, inaccuracies, errors, or omissions in this price data or any other damages arising from the viewer's receipt or use of it. SD Bullion offers customers the ability to purchase physical precious metal bullion products for asset preservation and prudent allocation purposes, not for mere speculation. You are not advised to use our online price data, market commentaries, and opinions for speculative purposes. We are not financial planners nor certified to give you any financial advice whatsoever. Information here is merely for educational purposes.