Distance from the record
This close sat 21.71% below the highest silver close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the silver price in 23 August 2007, not the current price.See today's silver price (11 September 2026)
Silver closed at $11.62 per troy ounce on 23 August 2007, up $0.077 (0.67%) from the previous close of $11.55.
This close sat 21.71% below the highest silver close recorded up to that date, set on 2006-05-11.
One of the ten lowest silver closes of that year, ranking 247 of 250 sessions.
Twelve months earlier silver traded around $12.50, making this a -7.00% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.62 per troy ounce on 23 August 2007. That is $0.08 higher than the previous close of $11.55, a move of 0.67%.
The silver price rose on 23 August 2007, gaining $0.08 (0.67%) against the previous session's close of $11.55.
At $11.62 per troy ounce, one gram of pure silver was worth about $0.37 on 23 August 2007. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 56.7 on 23 August 2007, meaning one ounce of gold was worth roughly 56.7 ounces of silver.
A month before 23 August 2007, silver was around $13.24 per troy ounce, so the close of $11.62 is a loss of 12.2% over the month.
It closed 21.71% below the highest close on record up to that date, which was set on 2006-05-11.