Distance from the record
This close sat 55.15% 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 12 October 2023, not the current price.See today's silver price (11 September 2026)
Silver closed at $21.79 per troy ounce on 12 October 2023, down $0.165 (0.75%) from the previous close of $21.96.
This close sat 55.15% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.88, making this a +15.44% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $21.79 per troy ounce on 12 October 2023. That is $0.17 lower than the previous close of $21.96, a move of -0.75%.
The silver price fell on 12 October 2023, losing $0.17 (0.75%) against the previous session's close of $21.96.
At $21.79 per troy ounce, one gram of pure silver was worth about $0.70 on 12 October 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 85.8 on 12 October 2023, meaning one ounce of gold was worth roughly 85.8 ounces of silver.
A week before 12 October 2023, silver was around $20.85 per troy ounce, so the close of $21.79 is a gain of 4.5% over the week.
A month before 12 October 2023, silver was around $23.13 per troy ounce, so the close of $21.79 is a loss of 5.8% over the month.
A year before 12 October 2023, silver was around $18.88 per troy ounce. The close of $21.79 therefore represents a rise of 15.4% over twelve months.
It closed 55.15% below the highest close on record up to that date, which was set on 2011-04-29.