Distance from the record
This close sat 9.76% 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 17 July 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $18.67 per troy ounce on 17 July 2008, down $0.068 (0.36%) from the previous close of $18.74.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 9.76% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $12.92, making this a +44.45% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.67 per troy ounce on 17 July 2008. That is $0.07 lower than the previous close of $18.74, a move of -0.36%.
The silver price fell on 17 July 2008, losing $0.07 (0.36%) against the previous session's close of $18.74.
At $18.67 per troy ounce, one gram of pure silver was worth about $0.60 on 17 July 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.0 on 17 July 2008, meaning one ounce of gold was worth roughly 52.0 ounces of silver.
A week before 17 July 2008, silver was around $18.25 per troy ounce, so the close of $18.67 is a gain of 2.3% over the week.
A month before 17 July 2008, silver was around $17.06 per troy ounce, so the close of $18.67 is a gain of 9.4% over the month.
A year before 17 July 2008, silver was around $12.92 per troy ounce. The close of $18.67 therefore represents a rise of 44.4% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 9.76% below the highest close on record up to that date, which was set on 2008-03-05.