Highest so far that week
This was the strongest close of the week up to that point.
This page is a historical record of the silver price in 31 January 2011, not the current price.See today's silver price (11 September 2026)
Highest closing price since 19 January 2011
Silver closed at $28.17 per troy ounce on 31 January 2011, up $0.240 (0.86%) from the previous close of $27.93.
This was the strongest close of the week up to that point.
This close sat 9.40% below the highest silver close recorded up to that date, set on 2011-01-03.
Twelve months earlier silver traded around $16.18, making this a +74.10% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $28.17 per troy ounce on 31 January 2011. That is $0.24 higher than the previous close of $27.93, a move of 0.86%.
The silver price rose on 31 January 2011, gaining $0.24 (0.86%) against the previous session's close of $27.93.
At $28.17 per troy ounce, one gram of pure silver was worth about $0.91 on 31 January 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 47.3 on 31 January 2011, meaning one ounce of gold was worth roughly 47.3 ounces of silver.
A week before 31 January 2011, silver was around $27.32 per troy ounce, so the close of $28.17 is a gain of 3.1% over the week.
A month before 31 January 2011, silver was around $30.91 per troy ounce, so the close of $28.17 is a loss of 8.9% over the month.
A year before 31 January 2011, silver was around $16.18 per troy ounce. The close of $28.17 therefore represents a rise of 74.1% over twelve months.
It closed 9.40% below the highest close on record up to that date, which was set on 2011-01-03.