Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 27 May 2008, not the current price.See today's silver price (11 September 2026)
Silver falls 4.5% in a single session
Silver closed at $17.42 per troy ounce on 27 May 2008, down $0.816 (4.47%) from the previous close of $18.24.
Notable session: moved more than 3% in a session.
Silver lost 4.47% 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 was the strongest close of the week up to that point.
This close sat 15.76% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $12.94, making this a +34.71% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.42 per troy ounce on 27 May 2008. That is $0.82 lower than the previous close of $18.24, a move of -4.47%.
The silver price fell on 27 May 2008, losing $0.82 (4.47%) against the previous session's close of $18.24.
At $17.42 per troy ounce, one gram of pure silver was worth about $0.56 on 27 May 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.1 on 27 May 2008, meaning one ounce of gold was worth roughly 52.1 ounces of silver.
A year before 27 May 2008, silver was around $12.94 per troy ounce. The close of $17.42 therefore represents a rise of 34.7% over twelve months.
It closed 15.76% below the highest close on record up to that date, which was set on 2008-03-05.