Distance from the record
This close sat 35.67% below the highest silver close recorded up to that date, set on 2011-04-29.
This page is a historical record of the silver price in 19 October 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 7 October 2011
Silver closed at $31.25 per troy ounce on 19 October 2011, down $0.549 (1.73%) from the previous close of $31.80.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 35.67% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $23.76, making this a +31.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $31.25 per troy ounce on 19 October 2011. That is $0.55 lower than the previous close of $31.80, a move of -1.73%.
The silver price fell on 19 October 2011, losing $0.55 (1.73%) against the previous session's close of $31.80.
At $31.25 per troy ounce, one gram of pure silver was worth about $1.00 on 19 October 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.7 on 19 October 2011, meaning one ounce of gold was worth roughly 52.7 ounces of silver.
A week before 19 October 2011, silver was around $32.75 per troy ounce, so the close of $31.25 is a loss of 4.6% over the week.
A month before 19 October 2011, silver was around $39.11 per troy ounce, so the close of $31.25 is a loss of 20.1% over the month.
A year before 19 October 2011, silver was around $23.76 per troy ounce. The close of $31.25 therefore represents a rise of 31.5% over twelve months.
It closed 35.67% below the highest close on record up to that date, which was set on 2011-04-29.