Distance from the record
This close sat 36.57% 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 September 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $13.12 per troy ounce on 23 September 2008, down $0.280 (2.09%) from the previous close of $13.40.
Silver lost 2.09% 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 36.57% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.47, making this a -2.63% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $13.12 per troy ounce on 23 September 2008. That is $0.28 lower than the previous close of $13.40, a move of -2.09%.
The silver price fell on 23 September 2008, losing $0.28 (2.09%) against the previous session's close of $13.40.
At $13.12 per troy ounce, one gram of pure silver was worth about $0.42 on 23 September 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.5 on 23 September 2008, meaning one ounce of gold was worth roughly 67.5 ounces of silver.
A week before 23 September 2008, silver was around $10.46 per troy ounce, so the close of $13.12 is a gain of 25.4% over the week.
It closed 36.57% below the highest close on record up to that date, which was set on 2008-03-05.