Distance from the record
This close sat 44.41% 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 27 August 2020, not the current price.See today's silver price (11 September 2026)
Silver closed at $27.01 per troy ounce on 27 August 2020, down $0.420 (1.53%) from the previous close of $27.43.
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 close sat 44.41% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.14, making this a +48.91% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $27.01 per troy ounce on 27 August 2020. That is $0.42 lower than the previous close of $27.43, a move of -1.53%.
The silver price fell on 27 August 2020, losing $0.42 (1.53%) against the previous session's close of $27.43.
At $27.01 per troy ounce, one gram of pure silver was worth about $0.87 on 27 August 2020. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.1 on 27 August 2020, meaning one ounce of gold was worth roughly 71.1 ounces of silver.
A month before 27 August 2020, silver was around $24.48 per troy ounce, so the close of $27.01 is a gain of 10.4% over the month.
A year before 27 August 2020, silver was around $18.14 per troy ounce. The close of $27.01 therefore represents a rise of 48.9% over twelve months.
It closed 44.41% below the highest close on record up to that date, which was set on 2011-04-29.