Distance from the record
This close sat 36.54% 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 29 August 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $30.83 per troy ounce on 29 August 2012, down $0.038 (0.12%) from the previous close of $30.87.
Silver barely moved, closing within 0.12% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 36.54% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $40.54, making this a -23.95% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $30.83 per troy ounce on 29 August 2012. That is $0.04 lower than the previous close of $30.87, a move of -0.12%.
The silver price fell on 29 August 2012, losing $0.04 (0.12%) against the previous session's close of $30.87.
At $30.83 per troy ounce, one gram of pure silver was worth about $0.99 on 29 August 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.8 on 29 August 2012, meaning one ounce of gold was worth roughly 53.8 ounces of silver.
A week before 29 August 2012, silver was around $29.55 per troy ounce, so the close of $30.83 is a gain of 4.3% over the week.
A month before 29 August 2012, silver was around $27.48 per troy ounce, so the close of $30.83 is a gain of 12.2% over the month.
A year before 29 August 2012, silver was around $40.54 per troy ounce. The close of $30.83 therefore represents a fall of 24.0% over twelve months.
It closed 36.54% below the highest close on record up to that date, which was set on 2011-04-29.