Distance from the record
This close sat 34.89% 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 27 August 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $13.47 per troy ounce on 27 August 2008, down $0.104 (0.77%) from the previous close of $13.57.
This close sat 34.89% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $11.75, making this a +14.60% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $13.47 per troy ounce on 27 August 2008. That is $0.10 lower than the previous close of $13.57, a move of -0.77%.
The silver price fell on 27 August 2008, losing $0.10 (0.77%) against the previous session's close of $13.57.
At $13.47 per troy ounce, one gram of pure silver was worth about $0.43 on 27 August 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 61.5 on 27 August 2008, meaning one ounce of gold was worth roughly 61.5 ounces of silver.
A week before 27 August 2008, silver was around $13.03 per troy ounce, so the close of $13.47 is a gain of 3.4% over the week.
A month before 27 August 2008, silver was around $17.33 per troy ounce, so the close of $13.47 is a loss of 22.3% over the month.
A year before 27 August 2008, silver was around $11.75 per troy ounce. The close of $13.47 therefore represents a rise of 14.6% over twelve months.
It closed 34.89% below the highest close on record up to that date, which was set on 2008-03-05.