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Silver falls 7.8% in a single session
Silver closed at $29.62 per troy ounce on 2 January 2025, down $2.506 (7.80%) from the previous close of $32.13.
Notable session: lowest close of the month; moved more than 3% in a session.
Twelve months earlier silver traded around $23.05, making this a +28.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $29.62 per troy ounce on 2 January 2025. That is $2.51 lower than the previous close of $32.13, a move of -7.80%.
The silver price fell on 2 January 2025, losing $2.51 (7.80%) against the previous session's close of $32.13.
At $29.62 per troy ounce, one gram of pure silver was worth about $0.95 on 2 January 2025. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 89.8 on 2 January 2025, meaning one ounce of gold was worth roughly 89.8 ounces of silver.
A week before 2 January 2025, silver was around $30.05 per troy ounce, so the close of $29.62 is a loss of 1.4% over the week.
A month before 2 January 2025, silver was around $30.45 per troy ounce, so the close of $29.62 is a loss of 2.7% over the month.
A year before 2 January 2025, silver was around $23.05 per troy ounce. The close of $29.62 therefore represents a rise of 28.5% over twelve months.