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Lowest closing price since 1 September 2023
Silver closed at $23.05 per troy ounce on 1 January 2024, down $0.802 (3.36%) from the previous close of $23.85.
Notable session: moved more than 3% in a session.
Twelve months earlier silver traded around $23.86, making this a -3.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $23.05 per troy ounce on 1 January 2024. That is $0.80 lower than the previous close of $23.85, a move of -3.36%.
The silver price fell on 1 January 2024, losing $0.80 (3.36%) against the previous session's close of $23.85.
At $23.05 per troy ounce, one gram of pure silver was worth about $0.74 on 1 January 2024. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 88.9 on 1 January 2024, meaning one ounce of gold was worth roughly 88.9 ounces of silver.
A week before 1 January 2024, silver was around $23.85 per troy ounce, so the close of $23.05 is a loss of 3.4% over the week.
A month before 1 January 2024, silver was around $23.85 per troy ounce, so the close of $23.05 is a loss of 3.4% over the month.
A year before 1 January 2024, silver was around $23.86 per troy ounce. The close of $23.05 therefore represents a fall of 3.4% over twelve months.