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 12 January 2023, not the current price.See today's silver price (11 September 2026)
Silver closed at $23.86 per troy ounce on 12 January 2023, up $0.536 (2.30%) from the previous close of $23.33.
This was a 2.30% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This was the strongest close of the week up to that point.
This close sat 50.88% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $23.20, making this a +2.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $23.86 per troy ounce on 12 January 2023. That is $0.54 higher than the previous close of $23.33, a move of 2.30%.
The silver price rose on 12 January 2023, gaining $0.54 (2.30%) against the previous session's close of $23.33.
At $23.86 per troy ounce, one gram of pure silver was worth about $0.77 on 12 January 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.4 on 12 January 2023, meaning one ounce of gold was worth roughly 79.4 ounces of silver.
A week before 12 January 2023, silver was around $23.26 per troy ounce, so the close of $23.86 is a gain of 2.6% over the week.
It closed 50.88% below the highest close on record up to that date, which was set on 2011-04-29.