Distance from the record
This close sat 42.38% 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 17 August 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $28.00 per troy ounce on 17 August 2012, down $0.210 (0.74%) from the previous close of $28.20.
This close sat 42.38% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $40.35, making this a -30.62% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $28.00 per troy ounce on 17 August 2012. That is $0.21 lower than the previous close of $28.20, a move of -0.74%.
The silver price fell on 17 August 2012, losing $0.21 (0.74%) against the previous session's close of $28.20.
At $28.00 per troy ounce, one gram of pure silver was worth about $0.90 on 17 August 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 57.7 on 17 August 2012, meaning one ounce of gold was worth roughly 57.7 ounces of silver.
A year before 17 August 2012, silver was around $40.35 per troy ounce. The close of $28.00 therefore represents a fall of 30.6% over twelve months.
It closed 42.38% below the highest close on record up to that date, which was set on 2011-04-29.