Distance from the record
This close sat 50.69% 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 12 December 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $10.20 per troy ounce on 12 December 2008, down $0.191 (1.84%) from the previous close of $10.39.
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 50.69% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $14.65, making this a -30.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $10.20 per troy ounce on 12 December 2008. That is $0.19 lower than the previous close of $10.39, a move of -1.84%.
The silver price fell on 12 December 2008, losing $0.19 (1.84%) against the previous session's close of $10.39.
At $10.20 per troy ounce, one gram of pure silver was worth about $0.33 on 12 December 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 80.3 on 12 December 2008, meaning one ounce of gold was worth roughly 80.3 ounces of silver.
A week before 12 December 2008, silver was around $9.40 per troy ounce, so the close of $10.20 is a gain of 8.5% over the week.
A month before 12 December 2008, silver was around $9.48 per troy ounce, so the close of $10.20 is a gain of 7.6% over the month.
A year before 12 December 2008, silver was around $14.65 per troy ounce. The close of $10.20 therefore represents a fall of 30.4% over twelve months.
It closed 50.69% below the highest close on record up to that date, which was set on 2008-03-05.