Distance from the record
This close sat 57.18% below the highest silver close recorded up to that date, set on 2011-04-29.
This page is a historical record of the silver price in 24 February 2023, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 4 November 2022
Silver closed at $20.81 per troy ounce on 24 February 2023, down $0.493 (2.31%) from the previous close of $21.30.
Silver lost 2.31% 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 57.18% below the highest silver close recorded up to that date, set on 2011-04-29.
One of the ten lowest silver closes of that year, ranking 240 of 246 sessions.
Twelve months earlier silver traded around $24.69, making this a -15.72% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $20.81 per troy ounce on 24 February 2023. That is $0.49 lower than the previous close of $21.30, a move of -2.31%.
The silver price fell on 24 February 2023, losing $0.49 (2.31%) against the previous session's close of $21.30.
At $20.81 per troy ounce, one gram of pure silver was worth about $0.67 on 24 February 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 86.9 on 24 February 2023, meaning one ounce of gold was worth roughly 86.9 ounces of silver.
A week before 24 February 2023, silver was around $21.69 per troy ounce, so the close of $20.81 is a loss of 4.1% over the week.
A month before 24 February 2023, silver was around $23.65 per troy ounce, so the close of $20.81 is a loss of 12.0% over the month.
A year before 24 February 2023, silver was around $24.69 per troy ounce. The close of $20.81 therefore represents a fall of 15.7% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 57.18% below the highest close on record up to that date, which was set on 2011-04-29.