Distance from the record
This close sat 11.60% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 3 July 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $18.28 per troy ounce on 3 July 2008, down $0.052 (0.28%) from the previous close of $18.34.
This close sat 11.60% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $12.57, making this a +45.48% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.28 per troy ounce on 3 July 2008. That is $0.05 lower than the previous close of $18.34, a move of -0.28%.
The silver price fell on 3 July 2008, losing $0.05 (0.28%) against the previous session's close of $18.34.
At $18.28 per troy ounce, one gram of pure silver was worth about $0.59 on 3 July 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.0 on 3 July 2008, meaning one ounce of gold was worth roughly 51.0 ounces of silver.
A week before 3 July 2008, silver was around $17.12 per troy ounce, so the close of $18.28 is a gain of 6.8% over the week.
A month before 3 July 2008, silver was around $16.80 per troy ounce, so the close of $18.28 is a gain of 8.8% over the month.
A year before 3 July 2008, silver was around $12.57 per troy ounce. The close of $18.28 therefore represents a rise of 45.5% over twelve months.
It closed 11.60% below the highest close on record up to that date, which was set on 2008-03-05.