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Highest closing price since 1 August 2011
Silver closed at $34.58 per troy ounce on 1 February 2012, up $6.708 (24.06%) from the previous close of $27.88.
Notable session: highest close of the year; one of the largest single-day moves on record; moved more than 3% in a session.
Twelve months earlier silver traded around $33.80, making this a +2.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $34.58 per troy ounce on 1 February 2012. That is $6.71 higher than the previous close of $27.88, a move of 24.06%.
The silver price rose on 1 February 2012, gaining $6.71 (24.06%) against the previous session's close of $27.88.
At $34.58 per troy ounce, one gram of pure silver was worth about $1.11 on 1 February 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 49.4 on 1 February 2012, meaning one ounce of gold was worth roughly 49.4 ounces of silver.
A week before 1 February 2012, silver was around $27.88 per troy ounce, so the close of $34.58 is a gain of 24.1% over the week.
A month before 1 February 2012, silver was around $27.88 per troy ounce, so the close of $34.58 is a gain of 24.1% over the month.
A year before 1 February 2012, silver was around $33.80 per troy ounce. The close of $34.58 therefore represents a rise of 2.3% over twelve months.