Distance from the record
This close sat 18.64% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 11 June 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.83 per troy ounce on 11 June 2008, up $0.222 (1.34%) from the previous close of $16.61.
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 18.64% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.24, making this a +27.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.83 per troy ounce on 11 June 2008. That is $0.22 higher than the previous close of $16.61, a move of 1.34%.
The silver price rose on 11 June 2008, gaining $0.22 (1.34%) against the previous session's close of $16.61.
At $16.83 per troy ounce, one gram of pure silver was worth about $0.54 on 11 June 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.3 on 11 June 2008, meaning one ounce of gold was worth roughly 52.3 ounces of silver.
A year before 11 June 2008, silver was around $13.24 per troy ounce. The close of $16.83 therefore represents a rise of 27.1% over twelve months.
It closed 18.64% below the highest close on record up to that date, which was set on 2008-03-05.