Distance from the record
This close sat 52.70% 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 30 October 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $9.785 per troy ounce on 30 October 2008, down $0.020 (0.20%) from the previous close of $9.805.
This close sat 52.70% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $14.27, making this a -31.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $9.78 per troy ounce on 30 October 2008. That is $0.02 lower than the previous close of $9.81, a move of -0.20%.
The silver price fell on 30 October 2008, losing $0.02 (0.20%) against the previous session's close of $9.81.
At $9.78 per troy ounce, one gram of pure silver was worth about $0.31 on 30 October 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 75.3 on 30 October 2008, meaning one ounce of gold was worth roughly 75.3 ounces of silver.
A week before 30 October 2008, silver was around $9.50 per troy ounce, so the close of $9.78 is a gain of 3.0% over the week.
A month before 30 October 2008, silver was around $12.23 per troy ounce, so the close of $9.78 is a loss of 20.0% over the month.
A year before 30 October 2008, silver was around $14.27 per troy ounce. The close of $9.78 therefore represents a fall of 31.4% over twelve months.
It closed 52.70% below the highest close on record up to that date, which was set on 2008-03-05.