Distance from the record
This close sat 20.71% below the highest silver close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the silver price in 17 August 2007, not the current price.See today's silver price (11 September 2026)
Silver closed at $11.77 per troy ounce on 17 August 2007, up $0.307 (2.68%) from the previous close of $11.47.
This was a 2.68% 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 20.71% below the highest silver close recorded up to that date, set on 2006-05-11.
One of the ten lowest silver closes of that year, ranking 243 of 250 sessions.
Twelve months earlier silver traded around $11.97, making this a -1.68% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.77 per troy ounce on 17 August 2007. That is $0.31 higher than the previous close of $11.47, a move of 2.68%.
The silver price rose on 17 August 2007, gaining $0.31 (2.68%) against the previous session's close of $11.47.
At $11.77 per troy ounce, one gram of pure silver was worth about $0.38 on 17 August 2007. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 55.8 on 17 August 2007, meaning one ounce of gold was worth roughly 55.8 ounces of silver.
A week before 17 August 2007, silver was around $12.82 per troy ounce, so the close of $11.77 is a loss of 8.2% over the week.
A month before 17 August 2007, silver was around $12.92 per troy ounce, so the close of $11.77 is a loss of 8.9% over the month.
It closed 20.71% below the highest close on record up to that date, which was set on 2006-05-11.