Distance from the record
This close sat 16.63% 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 24 July 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 26 June 2008
Silver closed at $17.25 per troy ounce on 24 July 2008, down $0.154 (0.89%) from the previous close of $17.40.
Notable session: lowest close of the month.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 16.63% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.36, making this a +29.10% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.25 per troy ounce on 24 July 2008. That is $0.15 lower than the previous close of $17.40, a move of -0.89%.
The silver price fell on 24 July 2008, losing $0.15 (0.89%) against the previous session's close of $17.40.
At $17.25 per troy ounce, one gram of pure silver was worth about $0.55 on 24 July 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.5 on 24 July 2008, meaning one ounce of gold was worth roughly 53.5 ounces of silver.
A week before 24 July 2008, silver was around $18.67 per troy ounce, so the close of $17.25 is a loss of 7.6% over the week.
A year before 24 July 2008, silver was around $13.36 per troy ounce. The close of $17.25 therefore represents a rise of 29.1% 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 16.63% below the highest close on record up to that date, which was set on 2008-03-05.