Distance from the record
This close sat 31.28% 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 14 August 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 1 August 2008
Silver closed at $14.21 per troy ounce on 14 August 2008, down $0.610 (4.11%) from the previous close of $14.82.
Notable session: moved more than 3% in a session.
Silver lost 4.11% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 31.28% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $12.71, making this a +11.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $14.21 per troy ounce on 14 August 2008. That is $0.61 lower than the previous close of $14.82, a move of -4.11%.
The silver price fell on 14 August 2008, losing $0.61 (4.11%) against the previous session's close of $14.82.
At $14.21 per troy ounce, one gram of pure silver was worth about $0.46 on 14 August 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 56.9 on 14 August 2008, meaning one ounce of gold was worth roughly 56.9 ounces of silver.
A week before 14 August 2008, silver was around $16.23 per troy ounce, so the close of $14.21 is a loss of 12.4% over the week.
A month before 14 August 2008, silver was around $19.17 per troy ounce, so the close of $14.21 is a loss of 25.9% over the month.
It closed 31.28% below the highest close on record up to that date, which was set on 2008-03-05.