Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 29 August 2011, not the current price.See today's silver price (11 September 2026)
Silver closed at $40.54 per troy ounce on 29 August 2011, down $0.406 (0.99%) from the previous close of $40.95.
This was the strongest close of the week up to that point.
This close sat 16.55% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $19.04, making this a +112.94% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $40.54 per troy ounce on 29 August 2011. That is $0.41 lower than the previous close of $40.95, a move of -0.99%.
The silver price fell on 29 August 2011, losing $0.41 (0.99%) against the previous session's close of $40.95.
At $40.54 per troy ounce, one gram of pure silver was worth about $1.30 on 29 August 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 44.1 on 29 August 2011, meaning one ounce of gold was worth roughly 44.1 ounces of silver.
A week before 29 August 2011, silver was around $43.32 per troy ounce, so the close of $40.54 is a loss of 6.4% over the week.
A year before 29 August 2011, silver was around $19.04 per troy ounce. The close of $40.54 therefore represents a rise of 112.9% over twelve months.
It closed 16.55% below the highest close on record up to that date, which was set on 2011-04-29.