Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 18 August 2011, not the current price.See today's silver price (11 September 2026)
Highest closing price since 3 August 2011
Silver closed at $40.69 per troy ounce on 18 August 2011, up $0.337 (0.84%) from the previous close of $40.35.
This close extended a run of 5 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 16.25% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.39, making this a +121.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $40.69 per troy ounce on 18 August 2011. That is $0.34 higher than the previous close of $40.35, a move of 0.84%.
The silver price rose on 18 August 2011, gaining $0.34 (0.84%) against the previous session's close of $40.35.
At $40.69 per troy ounce, one gram of pure silver was worth about $1.31 on 18 August 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 44.7 on 18 August 2011, meaning one ounce of gold was worth roughly 44.7 ounces of silver.
A week before 18 August 2011, silver was around $38.66 per troy ounce, so the close of $40.69 is a gain of 5.3% over the week.
A year before 18 August 2011, silver was around $18.39 per troy ounce. The close of $40.69 therefore represents a rise of 121.2% over twelve months.
This close was session 5 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 16.25% below the highest close on record up to that date, which was set on 2011-04-29.