Distance from the record
This close sat 51.11% below the highest silver close recorded up to that date, set on 2011-04-29.
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This page is a historical record of the silver price in 2 August 2023, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 11 July 2023
Silver closed at $23.75 per troy ounce on 2 August 2023, down $0.718 (2.93%) from the previous close of $24.47.
Silver lost 2.93% 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 51.11% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $20.10, making this a +18.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $23.75 per troy ounce on 2 August 2023. That is $0.72 lower than the previous close of $24.47, a move of -2.93%.
The silver price fell on 2 August 2023, losing $0.72 (2.93%) against the previous session's close of $24.47.
At $23.75 per troy ounce, one gram of pure silver was worth about $0.76 on 2 August 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 81.6 on 2 August 2023, meaning one ounce of gold was worth roughly 81.6 ounces of silver.
A week before 2 August 2023, silver was around $24.83 per troy ounce, so the close of $23.75 is a loss of 4.3% over the week.
A year before 2 August 2023, silver was around $20.10 per troy ounce. The close of $23.75 therefore represents a rise of 18.1% over twelve months.
It closed 51.11% below the highest close on record up to that date, which was set on 2011-04-29.