Distance from the record
This close sat 36.53% 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 November 2012, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 30 August 2012
Silver closed at $30.83 per troy ounce on 2 November 2012, down $2.369 (7.13%) from the previous close of $33.20.
Notable session: lowest close of the month; moved more than 3% in a session.
Silver lost 7.13% 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 36.53% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $33.93, making this a -9.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $30.83 per troy ounce on 2 November 2012. That is $2.37 lower than the previous close of $33.20, a move of -7.13%.
The silver price fell on 2 November 2012, losing $2.37 (7.13%) against the previous session's close of $33.20.
At $30.83 per troy ounce, one gram of pure silver was worth about $0.99 on 2 November 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.3 on 2 November 2012, meaning one ounce of gold was worth roughly 54.3 ounces of silver.
A week before 2 November 2012, silver was around $32.01 per troy ounce, so the close of $30.83 is a loss of 3.7% over the week.
A month before 2 November 2012, silver was around $34.60 per troy ounce, so the close of $30.83 is a loss of 10.9% over the month.
It closed 36.53% below the highest close on record up to that date, which was set on 2011-04-29.