Distance from the record
This close sat 18.12% 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 July 2011, not the current price.See today's silver price (11 September 2026)
Silver closed at $39.78 per troy ounce on 28 July 2011, down $0.774 (1.91%) from the previous close of $40.55.
This close sat 18.12% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.42, making this a +128.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $39.78 per troy ounce on 28 July 2011. That is $0.77 lower than the previous close of $40.55, a move of -1.91%.
The silver price fell on 28 July 2011, losing $0.77 (1.91%) against the previous session's close of $40.55.
At $39.78 per troy ounce, one gram of pure silver was worth about $1.28 on 28 July 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 40.6 on 28 July 2011, meaning one ounce of gold was worth roughly 40.6 ounces of silver.
A week before 28 July 2011, silver was around $38.94 per troy ounce, so the close of $39.78 is a gain of 2.2% over the week.
A month before 28 July 2011, silver was around $33.63 per troy ounce, so the close of $39.78 is a gain of 18.3% over the month.
A year before 28 July 2011, silver was around $17.42 per troy ounce. The close of $39.78 therefore represents a rise of 128.3% over twelve months.
It closed 18.12% below the highest close on record up to that date, which was set on 2011-04-29.