Distance from the record
This close sat 50.55% 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 December 2020, not the current price.See today's silver price (11 September 2026)
Silver falls 8.8% in a single session
Silver closed at $24.02 per troy ounce on 2 December 2020, down $2.307 (8.76%) from the previous close of $26.33.
Notable session: moved more than 3% in a session.
Silver lost 8.76% 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 50.55% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.84, making this a +42.70% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $24.02 per troy ounce on 2 December 2020. That is $2.31 lower than the previous close of $26.33, a move of -8.76%.
The silver price fell on 2 December 2020, losing $2.31 (8.76%) against the previous session's close of $26.33.
At $24.02 per troy ounce, one gram of pure silver was worth about $0.77 on 2 December 2020. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 76.0 on 2 December 2020, meaning one ounce of gold was worth roughly 76.0 ounces of silver.
A week before 2 December 2020, silver was around $23.36 per troy ounce, so the close of $24.02 is a gain of 2.9% over the week.
A year before 2 December 2020, silver was around $16.84 per troy ounce. The close of $24.02 therefore represents a rise of 42.7% over twelve months.
It closed 50.55% below the highest close on record up to that date, which was set on 2011-04-29.