Distance from the record
This close sat 40.55% 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 14 December 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 3 February 2011
Silver closed at $28.88 per troy ounce on 14 December 2011, down $2.314 (7.42%) from the previous close of $31.19.
Notable session: moved more than 3% in a session.
Silver lost 7.42% 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 40.55% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $29.76, making this a -2.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $28.88 per troy ounce on 14 December 2011. That is $2.31 lower than the previous close of $31.19, a move of -7.42%.
The silver price fell on 14 December 2011, losing $2.31 (7.42%) against the previous session's close of $31.19.
At $28.88 per troy ounce, one gram of pure silver was worth about $0.93 on 14 December 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.9 on 14 December 2011, meaning one ounce of gold was worth roughly 54.9 ounces of silver.
A week before 14 December 2011, silver was around $32.56 per troy ounce, so the close of $28.88 is a loss of 11.3% over the week.
A month before 14 December 2011, silver was around $34.01 per troy ounce, so the close of $28.88 is a loss of 15.1% over the month.
It closed 40.55% below the highest close on record up to that date, which was set on 2011-04-29.