Distance from the record
This close sat 53.13% 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 October 2023, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 16 October 2023
Silver closed at $22.77 per troy ounce on 27 October 2023, down $0.017 (0.07%) from the previous close of $22.79.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 53.13% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $19.48, making this a +16.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $22.77 per troy ounce on 27 October 2023. That is $0.02 lower than the previous close of $22.79, a move of -0.07%.
The silver price fell on 27 October 2023, losing $0.02 (0.07%) against the previous session's close of $22.79.
At $22.77 per troy ounce, one gram of pure silver was worth about $0.73 on 27 October 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 87.3 on 27 October 2023, meaning one ounce of gold was worth roughly 87.3 ounces of silver.
A week before 27 October 2023, silver was around $23.35 per troy ounce, so the close of $22.77 is a loss of 2.5% over the week.
A year before 27 October 2023, silver was around $19.48 per troy ounce. The close of $22.77 therefore represents a rise of 16.9% over twelve months.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 53.13% below the highest close on record up to that date, which was set on 2011-04-29.