Distance from the record
This close sat 44.03% 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 December 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 27 January 2011
Silver closed at $27.19 per troy ounce on 28 December 2011, down $1.505 (5.24%) from the previous close of $28.70.
Notable session: lowest close of the month; moved more than 3% in a session.
Silver lost 5.24% 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 44.03% below the highest silver close recorded up to that date, set on 2011-04-29.
One of the ten lowest silver closes of that year, ranking 244 of 247 sessions.
Twelve months earlier silver traded around $30.30, making this a -10.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $27.19 per troy ounce on 28 December 2011. That is $1.51 lower than the previous close of $28.70, a move of -5.24%.
The silver price fell on 28 December 2011, losing $1.51 (5.24%) against the previous session's close of $28.70.
At $27.19 per troy ounce, one gram of pure silver was worth about $0.87 on 28 December 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 57.5 on 28 December 2011, meaning one ounce of gold was worth roughly 57.5 ounces of silver.
A week before 28 December 2011, silver was around $29.20 per troy ounce, so the close of $27.19 is a loss of 6.9% over the week.
A month before 28 December 2011, silver was around $32.16 per troy ounce, so the close of $27.19 is a loss of 15.4% over the month.
It closed 44.03% below the highest close on record up to that date, which was set on 2011-04-29.