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Lowest closing price since 1 October 2010
Silver closed at $28.17 per troy ounce on 1 January 2011, down $2.736 (8.85%) from the previous close of $30.91.
Notable session: moved more than 3% in a session.
Twelve months earlier silver traded around $16.18, making this a +74.10% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $28.17 per troy ounce on 1 January 2011. That is $2.74 lower than the previous close of $30.91, a move of -8.85%.
The silver price fell on 1 January 2011, losing $2.74 (8.85%) against the previous session's close of $30.91.
At $28.17 per troy ounce, one gram of pure silver was worth about $0.91 on 1 January 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 47.3 on 1 January 2011, meaning one ounce of gold was worth roughly 47.3 ounces of silver.
A week before 1 January 2011, silver was around $30.91 per troy ounce, so the close of $28.17 is a loss of 8.9% over the week.
A month before 1 January 2011, silver was around $30.91 per troy ounce, so the close of $28.17 is a loss of 8.9% over the month.
A year before 1 January 2011, silver was around $16.18 per troy ounce. The close of $28.17 therefore represents a rise of 74.1% over twelve months.