Distance from the record
This close sat 34.61% 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 October 2012, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 31 August 2012
Silver closed at $31.77 per troy ounce on 23 October 2012, down $0.459 (1.42%) from the previous close of $32.23.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 34.61% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $31.17, making this a +1.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $31.77 per troy ounce on 23 October 2012. That is $0.46 lower than the previous close of $32.23, a move of -1.42%.
The silver price fell on 23 October 2012, losing $0.46 (1.42%) against the previous session's close of $32.23.
At $31.77 per troy ounce, one gram of pure silver was worth about $1.02 on 23 October 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.8 on 23 October 2012, meaning one ounce of gold was worth roughly 53.8 ounces of silver.
A week before 23 October 2012, silver was around $32.92 per troy ounce, so the close of $31.77 is a loss of 3.5% over the week.
A month before 23 October 2012, silver was around $34.57 per troy ounce, so the close of $31.77 is a loss of 8.1% over the month.
It closed 34.61% below the highest close on record up to that date, which was set on 2011-04-29.