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Silver falls 9.9% in a single session
Silver closed at $70.56 per troy ounce on 2 January 2026, down $7.734 (9.88%) from the previous close of $78.29.
Notable session: lowest close of the month; moved more than 3% in a session.
Twelve months earlier silver traded around $29.62, making this a +138.19% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $70.56 per troy ounce on 2 January 2026. That is $7.73 lower than the previous close of $78.29, a move of -9.88%.
The silver price fell on 2 January 2026, losing $7.73 (9.88%) against the previous session's close of $78.29.
At $70.56 per troy ounce, one gram of pure silver was worth about $2.27 on 2 January 2026. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 61.1 on 2 January 2026, meaning one ounce of gold was worth roughly 61.1 ounces of silver.
A week before 2 January 2026, silver was around $76.49 per troy ounce, so the close of $70.56 is a loss of 7.8% over the week.
A month before 2 January 2026, silver was around $57.98 per troy ounce, so the close of $70.56 is a gain of 21.7% over the month.
A year before 2 January 2026, silver was around $29.62 per troy ounce. The close of $70.56 therefore represents a rise of 138.2% over twelve months.