Distance from the record
This close sat 42.80% 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 3 August 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $27.79 per troy ounce on 3 August 2012, up $0.809 (3.00%) from the previous close of $26.98.
This was a 3.00% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This close sat 42.80% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $41.75, making this a -33.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $27.79 per troy ounce on 3 August 2012. That is $0.81 higher than the previous close of $26.98, a move of 3.00%.
The silver price rose on 3 August 2012, gaining $0.81 (3.00%) against the previous session's close of $26.98.
At $27.79 per troy ounce, one gram of pure silver was worth about $0.89 on 3 August 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 57.8 on 3 August 2012, meaning one ounce of gold was worth roughly 57.8 ounces of silver.
A year before 3 August 2012, silver was around $41.75 per troy ounce. The close of $27.79 therefore represents a fall of 33.4% over twelve months.
It closed 42.80% below the highest close on record up to that date, which was set on 2011-04-29.