Distance from the record
This close sat 38.08% 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 September 2011, not the current price.See today's silver price (11 September 2026)
Silver falls 4.5% in a single session
Silver closed at $30.08 per troy ounce on 28 September 2011, down $1.412 (4.48%) from the previous close of $31.50.
Notable session: moved more than 3% in a session.
Silver lost 4.48% 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 38.08% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $21.69, making this a +38.72% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $30.08 per troy ounce on 28 September 2011. That is $1.41 lower than the previous close of $31.50, a move of -4.48%.
The silver price fell on 28 September 2011, losing $1.41 (4.48%) against the previous session's close of $31.50.
At $30.08 per troy ounce, one gram of pure silver was worth about $0.97 on 28 September 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.7 on 28 September 2011, meaning one ounce of gold was worth roughly 53.7 ounces of silver.
A week before 28 September 2011, silver was around $40.42 per troy ounce, so the close of $30.08 is a loss of 25.6% over the week.
A month before 28 September 2011, silver was around $40.95 per troy ounce, so the close of $30.08 is a loss of 26.5% over the month.
A year before 28 September 2011, silver was around $21.69 per troy ounce. The close of $30.08 therefore represents a rise of 38.7% over twelve months.
It closed 38.08% below the highest close on record up to that date, which was set on 2011-04-29.