Distance from the record
This close sat 70.28% below the highest silver close recorded up to that date, set on 2011-04-29.
Loading…
This page is a historical record of the silver price in 31 August 2018, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 15 August 2018
Silver closed at $14.44 per troy ounce on 31 August 2018, down $0.039 (0.27%) from the previous close of $14.48.
This close extended a run of 4 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 70.28% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.48, making this a -17.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $14.44 per troy ounce on 31 August 2018. That is $0.04 lower than the previous close of $14.48, a move of -0.27%.
The silver price fell on 31 August 2018, losing $0.04 (0.27%) against the previous session's close of $14.48.
At $14.44 per troy ounce, one gram of pure silver was worth about $0.46 on 31 August 2018. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 83.1 on 31 August 2018, meaning one ounce of gold was worth roughly 83.1 ounces of silver.
A week before 31 August 2018, silver was around $14.78 per troy ounce, so the close of $14.44 is a loss of 2.3% over the week.
A month before 31 August 2018, silver was around $15.50 per troy ounce, so the close of $14.44 is a loss of 6.9% over the month.
A year before 31 August 2018, silver was around $17.48 per troy ounce. The close of $14.44 therefore represents a fall of 17.4% over twelve months.
This close was session 4 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 70.28% below the highest close on record up to that date, which was set on 2011-04-29.