Distance from the record
This close sat 48.10% 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 September 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $10.73 per troy ounce on 12 September 2008, up $0.245 (2.34%) from the previous close of $10.49.
This was a 2.34% 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 close sat 48.10% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $12.63, making this a -14.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $10.73 per troy ounce on 12 September 2008. That is $0.24 higher than the previous close of $10.49, a move of 2.34%.
The silver price rose on 12 September 2008, gaining $0.24 (2.34%) against the previous session's close of $10.49.
At $10.73 per troy ounce, one gram of pure silver was worth about $0.35 on 12 September 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 70.8 on 12 September 2008, meaning one ounce of gold was worth roughly 70.8 ounces of silver.
A week before 12 September 2008, silver was around $12.24 per troy ounce, so the close of $10.73 is a loss of 12.3% over the week.
A month before 12 September 2008, silver was around $14.46 per troy ounce, so the close of $10.73 is a loss of 25.8% over the month.
A year before 12 September 2008, silver was around $12.63 per troy ounce. The close of $10.73 therefore represents a fall of 15.0% over twelve months.
It closed 48.10% below the highest close on record up to that date, which was set on 2008-03-05.