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Lowest closing price since 1 August 2007
Silver closed at $12.23 per troy ounce on 1 September 2008, down $1.376 (10.11%) from the previous close of $13.61.
Notable session: moved more than 3% in a session.
Twelve months earlier silver traded around $13.79, making this a -11.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.23 per troy ounce on 1 September 2008. That is $1.38 lower than the previous close of $13.61, a move of -10.11%.
The silver price fell on 1 September 2008, losing $1.38 (10.11%) against the previous session's close of $13.61.
At $12.23 per troy ounce, one gram of pure silver was worth about $0.39 on 1 September 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.5 on 1 September 2008, meaning one ounce of gold was worth roughly 71.5 ounces of silver.
A week before 1 September 2008, silver was around $13.61 per troy ounce, so the close of $12.23 is a loss of 10.1% over the week.
A month before 1 September 2008, silver was around $13.61 per troy ounce, so the close of $12.23 is a loss of 10.1% over the month.
A year before 1 September 2008, silver was around $13.79 per troy ounce. The close of $12.23 therefore represents a fall of 11.3% over twelve months.