Distance from the record
This close sat 36.46% 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 28 August 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $30.87 per troy ounce on 28 August 2012, down $0.170 (0.55%) from the previous close of $31.04.
This close sat 36.46% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $40.95, making this a -24.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $30.87 per troy ounce on 28 August 2012. That is $0.17 lower than the previous close of $31.04, a move of -0.55%.
The silver price fell on 28 August 2012, losing $0.17 (0.55%) against the previous session's close of $31.04.
At $30.87 per troy ounce, one gram of pure silver was worth about $0.99 on 28 August 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.0 on 28 August 2012, meaning one ounce of gold was worth roughly 54.0 ounces of silver.
A week before 28 August 2012, silver was around $29.42 per troy ounce, so the close of $30.87 is a gain of 4.9% over the week.
A month before 28 August 2012, silver was around $27.48 per troy ounce, so the close of $30.87 is a gain of 12.3% over the month.
A year before 28 August 2012, silver was around $40.95 per troy ounce. The close of $30.87 therefore represents a fall of 24.6% over twelve months.
It closed 36.46% below the highest close on record up to that date, which was set on 2011-04-29.