Distance from the record
This close sat 29.92% below the highest silver close recorded up to that date, set on 2011-04-29.
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This page is a historical record of the silver price in 11 October 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $34.05 per troy ounce on 11 October 2012, down $0.027 (0.08%) from the previous close of $34.07.
Silver barely moved, closing within 0.08% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 29.92% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $31.96, making this a +6.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $34.05 per troy ounce on 11 October 2012. That is $0.03 lower than the previous close of $34.07, a move of -0.08%.
The silver price fell on 11 October 2012, losing $0.03 (0.08%) against the previous session's close of $34.07.
At $34.05 per troy ounce, one gram of pure silver was worth about $1.09 on 11 October 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.0 on 11 October 2012, meaning one ounce of gold was worth roughly 52.0 ounces of silver.
A week before 11 October 2012, silver was around $35.04 per troy ounce, so the close of $34.05 is a loss of 2.8% over the week.
It closed 29.92% below the highest close on record up to that date, which was set on 2011-04-29.