Distance from the record
This close sat 17.48% 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 July 2011, not the current price.See today's silver price (11 September 2026)
Silver closed at $40.09 per troy ounce on 29 July 2011, up $0.313 (0.79%) from the previous close of $39.78.
This close sat 17.48% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.60, making this a +127.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $40.09 per troy ounce on 29 July 2011. That is $0.31 higher than the previous close of $39.78, a move of 0.79%.
The silver price rose on 29 July 2011, gaining $0.31 (0.79%) against the previous session's close of $39.78.
At $40.09 per troy ounce, one gram of pure silver was worth about $1.29 on 29 July 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 40.6 on 29 July 2011, meaning one ounce of gold was worth roughly 40.6 ounces of silver.
A month before 29 July 2011, silver was around $34.75 per troy ounce, so the close of $40.09 is a gain of 15.4% over the month.
A year before 29 July 2011, silver was around $17.60 per troy ounce. The close of $40.09 therefore represents a rise of 127.8% over twelve months.
It closed 17.48% below the highest close on record up to that date, which was set on 2011-04-29.