Distance from the record
This close sat 13.25% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 22 July 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 8 July 2008
Silver closed at $17.94 per troy ounce on 22 July 2008, down $0.417 (2.27%) from the previous close of $18.36.
Silver lost 2.27% 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 13.25% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.31, making this a +34.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.94 per troy ounce on 22 July 2008. That is $0.42 lower than the previous close of $18.36, a move of -2.27%.
The silver price fell on 22 July 2008, losing $0.42 (2.27%) against the previous session's close of $18.36.
At $17.94 per troy ounce, one gram of pure silver was worth about $0.58 on 22 July 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.8 on 22 July 2008, meaning one ounce of gold was worth roughly 52.8 ounces of silver.
A week before 22 July 2008, silver was around $18.94 per troy ounce, so the close of $17.94 is a loss of 5.3% over the week.
A year before 22 July 2008, silver was around $13.31 per troy ounce. The close of $17.94 therefore represents a rise of 34.8% over twelve months.
It closed 13.25% below the highest close on record up to that date, which was set on 2008-03-05.