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 October 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 13 February 2006
Silver closed at $9.195 per troy ounce on 27 October 2008, down $0.100 (1.08%) from the previous close of $9.295.
Silver had not closed this low for about 3 years. Breaking below a level held that long is the kind of move that tends to set the tone for the sessions that follow.
This was the strongest close of the week up to that point.
This close sat 55.55% below the highest silver close recorded up to that date, set on 2008-03-05.
One of the ten lowest silver closes of that year, ranking 250 of 252 sessions.
Twelve months earlier silver traded around $14.21, making this a -35.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $9.19 per troy ounce on 27 October 2008. That is $0.10 lower than the previous close of $9.30, a move of -1.08%.
The silver price fell on 27 October 2008, losing $0.10 (1.08%) against the previous session's close of $9.30.
At $9.19 per troy ounce, one gram of pure silver was worth about $0.30 on 27 October 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 80.7 on 27 October 2008, meaning one ounce of gold was worth roughly 80.7 ounces of silver.
A week before 27 October 2008, silver was around $9.66 per troy ounce, so the close of $9.19 is a loss of 4.9% over the week.
A month before 27 October 2008, silver was around $13.46 per troy ounce, so the close of $9.19 is a loss of 31.7% over the month.
A year before 27 October 2008, silver was around $14.21 per troy ounce. The close of $9.19 therefore represents a fall of 35.3% over twelve months.
It closed 55.55% below the highest close on record up to that date, which was set on 2008-03-05.