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 28 August 2020, not the current price.See today's silver price (11 September 2026)
Highest closing price since 18 August 2020
Silver closed at $27.61 per troy ounce on 28 August 2020, up $0.600 (2.22%) from the previous close of $27.01.
This was a 2.22% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This was the strongest close of the week up to that point.
This close sat 43.17% below the highest silver close recorded up to that date, set on 2011-04-29.
One of the ten highest silver closes of that year, ranking 6 of 250 sessions.
Twelve months earlier silver traded around $18.30, making this a +50.84% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $27.61 per troy ounce on 28 August 2020. That is $0.60 higher than the previous close of $27.01, a move of 2.22%.
The silver price rose on 28 August 2020, gaining $0.60 (2.22%) against the previous session's close of $27.01.
At $27.61 per troy ounce, one gram of pure silver was worth about $0.89 on 28 August 2020. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.2 on 28 August 2020, meaning one ounce of gold was worth roughly 71.2 ounces of silver.
A week before 28 August 2020, silver was around $26.71 per troy ounce, so the close of $27.61 is a gain of 3.4% over the week.
A month before 28 August 2020, silver was around $24.27 per troy ounce, so the close of $27.61 is a gain of 13.8% over the month.
A year before 28 August 2020, silver was around $18.30 per troy ounce. The close of $27.61 therefore represents a rise of 50.8% over twelve months.
It closed 43.17% below the highest close on record up to that date, which was set on 2011-04-29.