Distance from the record
This close sat 34.97% 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 24 October 2012, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 31 August 2012
Silver closed at $31.59 per troy ounce on 24 October 2012, down $0.173 (0.54%) from the previous close of $31.77.
Notable session: lowest close of the month.
This close sat 34.97% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $31.62, making this a -0.08% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $31.59 per troy ounce on 24 October 2012. That is $0.17 lower than the previous close of $31.77, a move of -0.54%.
The silver price fell on 24 October 2012, losing $0.17 (0.54%) against the previous session's close of $31.77.
At $31.59 per troy ounce, one gram of pure silver was worth about $1.02 on 24 October 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.8 on 24 October 2012, meaning one ounce of gold was worth roughly 53.8 ounces of silver.
A week before 24 October 2012, silver was around $33.20 per troy ounce, so the close of $31.59 is a loss of 4.8% over the week.
A month before 24 October 2012, silver was around $33.92 per troy ounce, so the close of $31.59 is a loss of 6.9% over the month.
It closed 34.97% below the highest close on record up to that date, which was set on 2011-04-29.