Distance from the record
This close sat 54.12% below the highest silver close recorded up to that date, set on 2008-03-05.
This page is a historical record of the silver price in 14 November 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $9.490 per troy ounce on 14 November 2008, up $0.010 (0.11%) from the previous close of $9.480.
Silver barely moved, closing within 0.11% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 54.12% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $15.03, making this a -36.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $9.49 per troy ounce on 14 November 2008. That is $0.01 higher than the previous close of $9.48, a move of 0.11%.
The silver price rose on 14 November 2008, gaining $0.01 (0.11%) against the previous session's close of $9.48.
At $9.49 per troy ounce, one gram of pure silver was worth about $0.31 on 14 November 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 78.2 on 14 November 2008, meaning one ounce of gold was worth roughly 78.2 ounces of silver.
A week before 14 November 2008, silver was around $9.96 per troy ounce, so the close of $9.49 is a loss of 4.7% over the week.
A month before 14 November 2008, silver was around $11.02 per troy ounce, so the close of $9.49 is a loss of 13.9% over the month.
A year before 14 November 2008, silver was around $15.03 per troy ounce. The close of $9.49 therefore represents a fall of 36.9% over twelve months.
It closed 54.12% below the highest close on record up to that date, which was set on 2008-03-05.