Distance from the record
This close sat 50.76% below the highest silver close recorded up to that date, set on 2008-03-05.
Loading…
This page is a historical record of the silver price in 28 November 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $10.19 per troy ounce on 28 November 2008, down $0.035 (0.34%) from the previous close of $10.22.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 50.76% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $14.33, making this a -28.92% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $10.19 per troy ounce on 28 November 2008. That is $0.03 lower than the previous close of $10.22, a move of -0.34%.
The silver price fell on 28 November 2008, losing $0.03 (0.34%) against the previous session's close of $10.22.
At $10.19 per troy ounce, one gram of pure silver was worth about $0.33 on 28 November 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 80.1 on 28 November 2008, meaning one ounce of gold was worth roughly 80.1 ounces of silver.
A week before 28 November 2008, silver was around $9.48 per troy ounce, so the close of $10.19 is a gain of 7.4% over the week.
A month before 28 November 2008, silver was around $8.79 per troy ounce, so the close of $10.19 is a gain of 15.9% over the month.
A year before 28 November 2008, silver was around $14.33 per troy ounce. The close of $10.19 therefore represents a fall of 28.9% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 50.76% below the highest close on record up to that date, which was set on 2008-03-05.