Distance from the record
This close sat 53.64% below the highest silver close recorded up to that date, set on 2008-03-05.
Loading…
This page is a historical record of the silver price in 2 December 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 21 November 2008
Silver closed at $9.590 per troy ounce on 2 December 2008, down $1.680 (14.91%) from the previous close of $11.27.
Notable session: one of the largest single-day moves on record; moved more than 3% in a session.
Silver lost 14.91% 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 53.64% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.96, making this a -31.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $9.59 per troy ounce on 2 December 2008. That is $1.68 lower than the previous close of $11.27, a move of -14.91%.
The silver price fell on 2 December 2008, losing $1.68 (14.91%) against the previous session's close of $11.27.
At $9.59 per troy ounce, one gram of pure silver was worth about $0.31 on 2 December 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 81.5 on 2 December 2008, meaning one ounce of gold was worth roughly 81.5 ounces of silver.
A week before 2 December 2008, silver was around $10.27 per troy ounce, so the close of $9.59 is a loss of 6.6% over the week.
A year before 2 December 2008, silver was around $13.96 per troy ounce. The close of $9.59 therefore represents a fall of 31.3% over twelve months.
It closed 53.64% below the highest close on record up to that date, which was set on 2008-03-05.