Distance from the record
This close sat 15.72% 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 26 August 2011, not the current price.See today's silver price (11 September 2026)
Silver closed at $40.95 per troy ounce on 26 August 2011, up $0.207 (0.51%) from the previous close of $40.74.
This close sat 15.72% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.98, making this a +115.76% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $40.95 per troy ounce on 26 August 2011. That is $0.21 higher than the previous close of $40.74, a move of 0.51%.
The silver price rose on 26 August 2011, gaining $0.21 (0.51%) against the previous session's close of $40.74.
At $40.95 per troy ounce, one gram of pure silver was worth about $1.32 on 26 August 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 43.8 on 26 August 2011, meaning one ounce of gold was worth roughly 43.8 ounces of silver.
A week before 26 August 2011, silver was around $42.43 per troy ounce, so the close of $40.95 is a loss of 3.5% over the week.
A year before 26 August 2011, silver was around $18.98 per troy ounce. The close of $40.95 therefore represents a rise of 115.8% over twelve months.
It closed 15.72% below the highest close on record up to that date, which was set on 2011-04-29.