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Lowest closing price since 1 February 2006
Silver closed at $9.730 per troy ounce on 1 October 2008, down $2.501 (20.45%) from the previous close of $12.23.
Notable session: lowest 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 $14.38, making this a -32.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $9.73 per troy ounce on 1 October 2008. That is $2.50 lower than the previous close of $12.23, a move of -20.45%.
The silver price fell on 1 October 2008, losing $2.50 (20.45%) against the previous session's close of $12.23.
At $9.73 per troy ounce, one gram of pure silver was worth about $0.31 on 1 October 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 73.7 on 1 October 2008, meaning one ounce of gold was worth roughly 73.7 ounces of silver.
A week before 1 October 2008, silver was around $12.23 per troy ounce, so the close of $9.73 is a loss of 20.4% over the week.
A month before 1 October 2008, silver was around $12.23 per troy ounce, so the close of $9.73 is a loss of 20.4% over the month.
A year before 1 October 2008, silver was around $14.38 per troy ounce. The close of $9.73 therefore represents a fall of 32.3% over twelve months.