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Lowest closing price since 1 October 2010
Silver closed at $27.88 per troy ounce on 1 December 2011, down $4.856 (14.84%) from the previous close of $32.73.
Notable session: lowest close of the year; moved more than 3% in a session.
Twelve months earlier silver traded around $30.91, making this a -9.82% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $27.88 per troy ounce on 1 December 2011. That is $4.86 lower than the previous close of $32.73, a move of -14.84%.
The silver price fell on 1 December 2011, losing $4.86 (14.84%) against the previous session's close of $32.73.
At $27.88 per troy ounce, one gram of pure silver was worth about $0.90 on 1 December 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 56.2 on 1 December 2011, meaning one ounce of gold was worth roughly 56.2 ounces of silver.
A week before 1 December 2011, silver was around $32.73 per troy ounce, so the close of $27.88 is a loss of 14.8% over the week.
A month before 1 December 2011, silver was around $32.73 per troy ounce, so the close of $27.88 is a loss of 14.8% over the month.
A year before 1 December 2011, silver was around $30.91 per troy ounce. The close of $27.88 therefore represents a fall of 9.8% over twelve months.