Distance from the record
This close sat 50.53% 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 23 December 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 12 December 2008
Silver closed at $10.23 per troy ounce on 23 December 2008, down $0.596 (5.50%) from the previous close of $10.83.
Notable session: moved more than 3% in a session.
Silver lost 5.50% 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 50.53% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $14.35, making this a -28.67% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $10.23 per troy ounce on 23 December 2008. That is $0.60 lower than the previous close of $10.83, a move of -5.50%.
The silver price fell on 23 December 2008, losing $0.60 (5.50%) against the previous session's close of $10.83.
At $10.23 per troy ounce, one gram of pure silver was worth about $0.33 on 23 December 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 81.8 on 23 December 2008, meaning one ounce of gold was worth roughly 81.8 ounces of silver.
A week before 23 December 2008, silver was around $10.67 per troy ounce, so the close of $10.23 is a loss of 4.1% over the week.
A month before 23 December 2008, silver was around $9.48 per troy ounce, so the close of $10.23 is a gain of 7.9% over the month.
A year before 23 December 2008, silver was around $14.35 per troy ounce. The close of $10.23 therefore represents a fall of 28.7% over twelve months.
It closed 50.53% below the highest close on record up to that date, which was set on 2008-03-05.