Highest so far that week
This was the strongest close of the week up to that point.
Loading…
This page is a historical record of the silver price in 27 August 2012, not the current price.See today's silver price (11 September 2026)
Highest closing price since 1 August 2012
Silver closed at $31.04 per troy ounce on 27 August 2012, up $0.433 (1.41%) from the previous close of $30.61.
This close extended a run of 6 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 36.11% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $40.95, making this a -24.20% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $31.04 per troy ounce on 27 August 2012. That is $0.43 higher than the previous close of $30.61, a move of 1.41%.
The silver price rose on 27 August 2012, gaining $0.43 (1.41%) against the previous session's close of $30.61.
At $31.04 per troy ounce, one gram of pure silver was worth about $1.00 on 27 August 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.9 on 27 August 2012, meaning one ounce of gold was worth roughly 53.9 ounces of silver.
A week before 27 August 2012, silver was around $28.59 per troy ounce, so the close of $31.04 is a gain of 8.6% over the week.
A month before 27 August 2012, silver was around $27.48 per troy ounce, so the close of $31.04 is a gain of 13.0% over the month.
A year before 27 August 2012, silver was around $40.95 per troy ounce. The close of $31.04 therefore represents a fall of 24.2% over twelve months.
This close was session 6 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 36.11% below the highest close on record up to that date, which was set on 2011-04-29.