Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the silver price in 27 August 2007, not the current price.See today's silver price (11 September 2026)
Silver closed at $11.75 per troy ounce on 27 August 2007, down $0.173 (1.45%) from the previous close of $11.93.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 20.84% below the highest silver close recorded up to that date, set on 2006-05-11.
One of the ten lowest silver closes of that year, ranking 245 of 250 sessions.
Twelve months earlier silver traded around $12.36, making this a -4.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.75 per troy ounce on 27 August 2007. That is $0.17 lower than the previous close of $11.93, a move of -1.45%.
The silver price fell on 27 August 2007, losing $0.17 (1.45%) against the previous session's close of $11.93.
At $11.75 per troy ounce, one gram of pure silver was worth about $0.38 on 27 August 2007. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 56.7 on 27 August 2007, meaning one ounce of gold was worth roughly 56.7 ounces of silver.
A month before 27 August 2007, silver was around $12.64 per troy ounce, so the close of $11.75 is a loss of 7.0% over the month.
It closed 20.84% below the highest close on record up to that date, which was set on 2006-05-11.