Distance from the record
This close sat 12.33% 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 18 July 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $18.14 per troy ounce on 18 July 2008, down $0.532 (2.85%) from the previous close of $18.67.
Silver lost 2.85% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 12.33% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.20, making this a +37.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.14 per troy ounce on 18 July 2008. That is $0.53 lower than the previous close of $18.67, a move of -2.85%.
The silver price fell on 18 July 2008, losing $0.53 (2.85%) against the previous session's close of $18.67.
At $18.14 per troy ounce, one gram of pure silver was worth about $0.58 on 18 July 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.8 on 18 July 2008, meaning one ounce of gold was worth roughly 52.8 ounces of silver.
A week before 18 July 2008, silver was around $18.75 per troy ounce, so the close of $18.14 is a loss of 3.3% over the week.
A year before 18 July 2008, silver was around $13.20 per troy ounce. The close of $18.14 therefore represents a rise of 37.4% over twelve months.
This close was session 4 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 12.33% below the highest close on record up to that date, which was set on 2008-03-05.