Distance from the record
This close sat 42.17% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 28 January 2009, not the current price.See today's silver price (11 September 2026)
Silver closed at $11.96 per troy ounce on 28 January 2009, down $0.204 (1.68%) from the previous close of $12.17.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 42.17% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $16.69, making this a -28.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.96 per troy ounce on 28 January 2009. That is $0.20 lower than the previous close of $12.17, a move of -1.68%.
The silver price fell on 28 January 2009, losing $0.20 (1.68%) against the previous session's close of $12.17.
At $11.96 per troy ounce, one gram of pure silver was worth about $0.38 on 28 January 2009. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 74.2 on 28 January 2009, meaning one ounce of gold was worth roughly 74.2 ounces of silver.
A week before 28 January 2009, silver was around $11.31 per troy ounce, so the close of $11.96 is a gain of 5.7% over the week.
A month before 28 January 2009, silver was around $10.50 per troy ounce, so the close of $11.96 is a gain of 13.9% over the month.
A year before 28 January 2009, silver was around $16.69 per troy ounce. The close of $11.96 therefore represents a fall of 28.3% over twelve months.
It closed 42.17% below the highest close on record up to that date, which was set on 2008-03-05.