Distance from the record
This close sat 8.43% 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 15 July 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $18.94 per troy ounce on 15 July 2008, down $0.234 (1.22%) from the previous close of $19.17.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 8.43% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.01, making this a +45.58% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.94 per troy ounce on 15 July 2008. That is $0.23 lower than the previous close of $19.17, a move of -1.22%.
The silver price fell on 15 July 2008, losing $0.23 (1.22%) against the previous session's close of $19.17.
At $18.94 per troy ounce, one gram of pure silver was worth about $0.61 on 15 July 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.6 on 15 July 2008, meaning one ounce of gold was worth roughly 51.6 ounces of silver.
A week before 15 July 2008, silver was around $17.88 per troy ounce, so the close of $18.94 is a gain of 5.9% over the week.
A month before 15 July 2008, silver was around $16.54 per troy ounce, so the close of $18.94 is a gain of 14.5% over the month.
A year before 15 July 2008, silver was around $13.01 per troy ounce. The close of $18.94 therefore represents a rise of 45.6% over twelve months.
It closed 8.43% below the highest close on record up to that date, which was set on 2008-03-05.