Distance from the record
This close sat 18.79% 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 June 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.80 per troy ounce on 3 June 2008, down $0.075 (0.44%) from the previous close of $16.87.
This close sat 18.79% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.41, making this a +25.28% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.80 per troy ounce on 3 June 2008. That is $0.08 lower than the previous close of $16.87, a move of -0.44%.
The silver price fell on 3 June 2008, losing $0.08 (0.44%) against the previous session's close of $16.87.
At $16.80 per troy ounce, one gram of pure silver was worth about $0.54 on 3 June 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.5 on 3 June 2008, meaning one ounce of gold was worth roughly 52.5 ounces of silver.
A week before 3 June 2008, silver was around $17.42 per troy ounce, so the close of $16.80 is a loss of 3.6% over the week.
A year before 3 June 2008, silver was around $13.41 per troy ounce. The close of $16.80 therefore represents a rise of 25.3% over twelve months.
It closed 18.79% below the highest close on record up to that date, which was set on 2008-03-05.