Distance from the record
This close sat 12.97% 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 23 August 2011, not the current price.See today's silver price (11 September 2026)
Silver closed at $42.28 per troy ounce on 23 August 2011, down $1.040 (2.40%) from the previous close of $43.32.
Silver lost 2.40% 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 12.97% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.98, making this a +135.12% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $42.28 per troy ounce on 23 August 2011. That is $1.04 lower than the previous close of $43.32, a move of -2.40%.
The silver price fell on 23 August 2011, losing $1.04 (2.40%) against the previous session's close of $43.32.
At $42.28 per troy ounce, one gram of pure silver was worth about $1.36 on 23 August 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 44.0 on 23 August 2011, meaning one ounce of gold was worth roughly 44.0 ounces of silver.
A week before 23 August 2011, silver was around $39.82 per troy ounce, so the close of $42.28 is a gain of 6.2% over the week.
A month before 23 August 2011, silver was around $40.11 per troy ounce, so the close of $42.28 is a gain of 5.4% over the month.
A year before 23 August 2011, silver was around $17.98 per troy ounce. The close of $42.28 therefore represents a rise of 135.1% over twelve months.
It closed 12.97% below the highest close on record up to that date, which was set on 2011-04-29.