Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 11 August 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 1 August 2008
Silver closed at $14.60 per troy ounce on 11 August 2008, down $0.708 (4.63%) from the previous close of $15.30.
Notable session: moved more than 3% in a session.
Silver lost 4.63% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This was the strongest close of the week up to that point.
This close sat 29.44% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $12.82, making this a +13.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $14.60 per troy ounce on 11 August 2008. That is $0.71 lower than the previous close of $15.30, a move of -4.63%.
The silver price fell on 11 August 2008, losing $0.71 (4.63%) against the previous session's close of $15.30.
At $14.60 per troy ounce, one gram of pure silver was worth about $0.47 on 11 August 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 56.3 on 11 August 2008, meaning one ounce of gold was worth roughly 56.3 ounces of silver.
A week before 11 August 2008, silver was around $17.10 per troy ounce, so the close of $14.60 is a loss of 14.7% over the week.
A month before 11 August 2008, silver was around $18.75 per troy ounce, so the close of $14.60 is a loss of 22.1% over the month.
A year before 11 August 2008, silver was around $12.82 per troy ounce. The close of $14.60 therefore represents a rise of 13.8% over twelve months.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 29.44% below the highest close on record up to that date, which was set on 2008-03-05.