Distance from the record
This close sat 15.19% below the highest silver close recorded up to that date, set on 2000-08-31.
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This page is a historical record of the silver price in 18 October 2001, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 11 September 2001
Silver closed at $4.243 per troy ounce on 18 October 2001, down $0.105 (2.41%) from the previous close of $4.348.
Silver lost 2.41% 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 15.19% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.853, making this a -12.57% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.24 per troy ounce on 18 October 2001. That is $0.11 lower than the previous close of $4.35, a move of -2.41%.
The silver price fell on 18 October 2001, losing $0.11 (2.41%) against the previous session's close of $4.35.
At $4.24 per troy ounce, one gram of pure silver was worth about $0.14 on 18 October 2001. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 65.8 on 18 October 2001, meaning one ounce of gold was worth roughly 65.8 ounces of silver.
A week before 18 October 2001, silver was around $4.40 per troy ounce, so the close of $4.24 is a loss of 3.6% over the week.
A year before 18 October 2001, silver was around $4.85 per troy ounce. The close of $4.24 therefore represents a fall of 12.6% over twelve months.
It closed 15.19% below the highest close on record up to that date, which was set on 2000-08-31.