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Lowest closing price since 1 September 2006
Silver closed at $12.06 per troy ounce on 1 August 2007, down $0.290 (2.35%) from the previous close of $12.35.
Notable session: lowest close of the year.
Twelve months earlier silver traded around $12.90, making this a -6.49% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.06 per troy ounce on 1 August 2007. That is $0.29 lower than the previous close of $12.35, a move of -2.35%.
The silver price fell on 1 August 2007, losing $0.29 (2.35%) against the previous session's close of $12.35.
At $12.06 per troy ounce, one gram of pure silver was worth about $0.39 on 1 August 2007. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 55.8 on 1 August 2007, meaning one ounce of gold was worth roughly 55.8 ounces of silver.
A week before 1 August 2007, silver was around $12.35 per troy ounce, so the close of $12.06 is a loss of 2.3% over the week.
A month before 1 August 2007, silver was around $12.35 per troy ounce, so the close of $12.06 is a loss of 2.3% over the month.
A year before 1 August 2007, silver was around $12.90 per troy ounce. The close of $12.06 therefore represents a fall of 6.5% over twelve months.