Distance from the record
This close sat 54.99% 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 November 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 28 October 2008
Silver closed at $9.310 per troy ounce on 19 November 2008, down $0.240 (2.51%) from the previous close of $9.550.
Silver lost 2.51% 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 54.99% below the highest silver close recorded up to that date, set on 2008-03-05.
One of the ten lowest silver closes of that year, ranking 247 of 252 sessions.
Twelve months earlier silver traded around $14.14, making this a -34.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $9.31 per troy ounce on 19 November 2008. That is $0.24 lower than the previous close of $9.55, a move of -2.51%.
The silver price fell on 19 November 2008, losing $0.24 (2.51%) against the previous session's close of $9.55.
At $9.31 per troy ounce, one gram of pure silver was worth about $0.30 on 19 November 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.0 on 19 November 2008, meaning one ounce of gold was worth roughly 79.0 ounces of silver.
A year before 19 November 2008, silver was around $14.14 per troy ounce. The close of $9.31 therefore represents a fall of 34.1% over twelve months.
It closed 54.99% below the highest close on record up to that date, which was set on 2008-03-05.