Distance from the record
This close sat 53.74% 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 September 2023, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 1 September 2023
Silver closed at $22.48 per troy ounce on 27 September 2023, down $0.473 (2.06%) from the previous close of $22.95.
Silver lost 2.06% 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 53.74% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.26, making this a +23.11% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $22.48 per troy ounce on 27 September 2023. That is $0.47 lower than the previous close of $22.95, a move of -2.06%.
The silver price fell on 27 September 2023, losing $0.47 (2.06%) against the previous session's close of $22.95.
At $22.48 per troy ounce, one gram of pure silver was worth about $0.72 on 27 September 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 83.3 on 27 September 2023, meaning one ounce of gold was worth roughly 83.3 ounces of silver.
A week before 27 September 2023, silver was around $23.58 per troy ounce, so the close of $22.48 is a loss of 4.7% over the week.
A month before 27 September 2023, silver was around $24.22 per troy ounce, so the close of $22.48 is a loss of 7.2% over the month.
A year before 27 September 2023, silver was around $18.26 per troy ounce. The close of $22.48 therefore represents a rise of 23.1% over twelve months.
This close was session 3 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 53.74% below the highest close on record up to that date, which was set on 2011-04-29.