Highest so far that year
At the time, no session earlier in the year had closed higher.
This page is a historical record of the silver price in 2 January 2009, not the current price.See today's silver price (11 September 2026)
Highest closing price since 9 October 2008
Silver closed at $11.47 per troy ounce on 2 January 2009, up $0.195 (1.73%) from the previous close of $11.27.
This close extended a run of 6 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
At the time, no session earlier in the year had closed higher.
This close sat 44.57% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $15.17, making this a -24.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.47 per troy ounce on 2 January 2009. That is $0.19 higher than the previous close of $11.27, a move of 1.73%.
The silver price rose on 2 January 2009, gaining $0.19 (1.73%) against the previous session's close of $11.27.
At $11.47 per troy ounce, one gram of pure silver was worth about $0.37 on 2 January 2009. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 76.7 on 2 January 2009, meaning one ounce of gold was worth roughly 76.7 ounces of silver.
A week before 2 January 2009, silver was around $10.50 per troy ounce, so the close of $11.47 is a gain of 9.2% over the week.
A month before 2 January 2009, silver was around $9.59 per troy ounce, so the close of $11.47 is a gain of 19.6% over the month.
A year before 2 January 2009, silver was around $15.17 per troy ounce. The close of $11.47 therefore represents a fall of 24.4% over twelve months.
This close was session 6 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 44.57% below the highest close on record up to that date, which was set on 2008-03-05.