How volatile is silver?
Measured across 26 years of price history, silver has an annualised volatility of 58.6%. In plain terms: a one-standard-deviation year moves it roughly that far from its average path in either direction.
The detail
Day to day, the average close-to-close move over the last 14 sessions has been $4.87 per gram.
The Bollinger band width — a common short-term volatility gauge — is currently 23.2% of the 20-day average.
Volatility is symmetric. It measures the size of moves, not their direction, and a high reading is not a warning about falls specifically.
How this answer is produced
Related questions about silver
Also searched
silver volatility · how much does silver move per day · silver price swings