Distance from the record
This close sat 47.70% 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 19 December 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $10.82 per troy ounce on 19 December 2008, down $0.270 (2.43%) from the previous close of $11.09.
Silver lost 2.43% 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 47.70% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $14.07, making this a -23.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $10.82 per troy ounce on 19 December 2008. That is $0.27 lower than the previous close of $11.09, a move of -2.43%.
The silver price fell on 19 December 2008, losing $0.27 (2.43%) against the previous session's close of $11.09.
At $10.82 per troy ounce, one gram of pure silver was worth about $0.35 on 19 December 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 77.3 on 19 December 2008, meaning one ounce of gold was worth roughly 77.3 ounces of silver.
A week before 19 December 2008, silver was around $10.20 per troy ounce, so the close of $10.82 is a gain of 6.1% over the week.
A month before 19 December 2008, silver was around $9.31 per troy ounce, so the close of $10.82 is a gain of 16.2% over the month.
A year before 19 December 2008, silver was around $14.07 per troy ounce. The close of $10.82 therefore represents a fall of 23.1% over twelve months.
It closed 47.70% below the highest close on record up to that date, which was set on 2008-03-05.