Distance from the record
This close sat 20.43% below the highest silver close recorded up to that date, set on 2011-04-29.
This page is a historical record of the silver price in 11 August 2011, not the current price.See today's silver price (11 September 2026)
Silver closed at $38.66 per troy ounce on 11 August 2011, down $0.669 (1.70%) from the previous close of $39.33.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 20.43% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.89, making this a +116.08% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $38.66 per troy ounce on 11 August 2011. That is $0.67 lower than the previous close of $39.33, a move of -1.70%.
The silver price fell on 11 August 2011, losing $0.67 (1.70%) against the previous session's close of $39.33.
At $38.66 per troy ounce, one gram of pure silver was worth about $1.24 on 11 August 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 45.2 on 11 August 2011, meaning one ounce of gold was worth roughly 45.2 ounces of silver.
A month before 11 August 2011, silver was around $35.69 per troy ounce, so the close of $38.66 is a gain of 8.3% over the month.
A year before 11 August 2011, silver was around $17.89 per troy ounce. The close of $38.66 therefore represents a rise of 116.1% over twelve months.
It closed 20.43% below the highest close on record up to that date, which was set on 2011-04-29.