Distance from the record
This close sat 50.12% 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 July 2023, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 12 July 2023
Silver closed at $24.24 per troy ounce on 27 July 2023, down $0.589 (2.37%) from the previous close of $24.83.
Silver lost 2.37% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 50.12% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.55, making this a +30.63% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $24.24 per troy ounce on 27 July 2023. That is $0.59 lower than the previous close of $24.83, a move of -2.37%.
The silver price fell on 27 July 2023, losing $0.59 (2.37%) against the previous session's close of $24.83.
At $24.24 per troy ounce, one gram of pure silver was worth about $0.78 on 27 July 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 80.3 on 27 July 2023, meaning one ounce of gold was worth roughly 80.3 ounces of silver.
A week before 27 July 2023, silver was around $24.81 per troy ounce, so the close of $24.24 is a loss of 2.3% over the week.
A month before 27 July 2023, silver was around $22.94 per troy ounce, so the close of $24.24 is a gain of 5.7% over the month.
A year before 27 July 2023, silver was around $18.55 per troy ounce. The close of $24.24 therefore represents a rise of 30.6% over twelve months.
It closed 50.12% below the highest close on record up to that date, which was set on 2011-04-29.