Distance from the record
This close sat 28.82% 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 February 2012, not the current price.See today's silver price (11 September 2026)
Silver falls 6.9% in a single session
Silver closed at $34.58 per troy ounce on 29 February 2012, down $2.557 (6.88%) from the previous close of $37.14.
Notable session: moved more than 3% in a session.
Silver lost 6.88% 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 28.82% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $33.80, making this a +2.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $34.58 per troy ounce on 29 February 2012. That is $2.56 lower than the previous close of $37.14, a move of -6.88%.
The silver price fell on 29 February 2012, losing $2.56 (6.88%) against the previous session's close of $37.14.
At $34.58 per troy ounce, one gram of pure silver was worth about $1.11 on 29 February 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 49.4 on 29 February 2012, meaning one ounce of gold was worth roughly 49.4 ounces of silver.
It closed 28.82% below the highest close on record up to that date, which was set on 2011-04-29.