Distance from the record
This close sat 40.87% 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 September 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 17 September 2008
Silver closed at $12.23 per troy ounce on 30 September 2008, down $0.750 (5.78%) from the previous close of $12.98.
Notable session: moved more than 3% in a session.
Silver lost 5.78% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 40.87% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $13.79, making this a -11.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.23 per troy ounce on 30 September 2008. That is $0.75 lower than the previous close of $12.98, a move of -5.78%.
The silver price fell on 30 September 2008, losing $0.75 (5.78%) against the previous session's close of $12.98.
At $12.23 per troy ounce, one gram of pure silver was worth about $0.39 on 30 September 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.5 on 30 September 2008, meaning one ounce of gold was worth roughly 71.5 ounces of silver.
A week before 30 September 2008, silver was around $13.12 per troy ounce, so the close of $12.23 is a loss of 6.8% over the week.
A month before 30 September 2008, silver was around $13.61 per troy ounce, so the close of $12.23 is a loss of 10.1% over the month.
It closed 40.87% below the highest close on record up to that date, which was set on 2008-03-05.