Distance from the record
This close sat 20.04% 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 29 April 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 1 April 2008
Silver closed at $16.54 per troy ounce on 29 April 2008, down $0.471 (2.77%) from the previous close of $17.01.
Silver lost 2.77% 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 20.04% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.44, making this a +23.04% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.54 per troy ounce on 29 April 2008. That is $0.47 lower than the previous close of $17.01, a move of -2.77%.
The silver price fell on 29 April 2008, losing $0.47 (2.77%) against the previous session's close of $17.01.
At $16.54 per troy ounce, one gram of pure silver was worth about $0.53 on 29 April 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.9 on 29 April 2008, meaning one ounce of gold was worth roughly 52.9 ounces of silver.
A week before 29 April 2008, silver was around $17.70 per troy ounce, so the close of $16.54 is a loss of 6.5% over the week.
A month before 29 April 2008, silver was around $17.90 per troy ounce, so the close of $16.54 is a loss of 7.6% over the month.
A year before 29 April 2008, silver was around $13.44 per troy ounce. The close of $16.54 therefore represents a rise of 23.0% over twelve months.
It closed 20.04% below the highest close on record up to that date, which was set on 2008-03-05.