Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 31 January 2008, not the current price.See today's silver price (11 September 2026)
Silver's highest closing price on record
Silver closed at $16.95 per troy ounce on 31 January 2008, up $0.237 (1.42%) from the previous close of $16.71.
Notable session: highest close of the month.
No session before this one closed higher — this was the highest silver close on record at the time. Records tend to cluster, so the days either side are worth reading together rather than in isolation.
No earlier session that month closed above this level.
Twelve months earlier silver traded around $13.51, making this a +25.41% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.95 per troy ounce on 31 January 2008. That is $0.24 higher than the previous close of $16.71, a move of 1.42%.
The silver price rose on 31 January 2008, gaining $0.24 (1.42%) against the previous session's close of $16.71.
At $16.95 per troy ounce, one gram of pure silver was worth about $0.54 on 31 January 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.4 on 31 January 2008, meaning one ounce of gold was worth roughly 54.4 ounces of silver.
A week before 31 January 2008, silver was around $16.27 per troy ounce, so the close of $16.95 is a gain of 4.1% over the week.
A month before 31 January 2008, silver was around $14.80 per troy ounce, so the close of $16.95 is a gain of 14.5% over the month.
A year before 31 January 2008, silver was around $13.51 per troy ounce. The close of $16.95 therefore represents a rise of 25.4% over twelve months.
Yes. At the time, no earlier session had closed higher. Later sessions may have exceeded it — this page describes the record as it stood on that date, not today's all-time high.
It was at the record itself — the highest close recorded up to that date.