Distance from the record
This close sat 63.01% below the highest silver close recorded up to that date, set on 2011-04-29.
This page is a historical record of the silver price in 31 January 2020, not the current price.See today's silver price (11 September 2026)
Silver closed at $17.97 per troy ounce on 31 January 2020, up $0.020 (0.11%) from the previous close of $17.95.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 63.01% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.02, making this a +12.17% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.97 per troy ounce on 31 January 2020. That is $0.02 higher than the previous close of $17.95, a move of 0.11%.
The silver price rose on 31 January 2020, gaining $0.02 (0.11%) against the previous session's close of $17.95.
At $17.97 per troy ounce, one gram of pure silver was worth about $0.58 on 31 January 2020. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 88.1 on 31 January 2020, meaning one ounce of gold was worth roughly 88.1 ounces of silver.
A year before 31 January 2020, silver was around $16.02 per troy ounce. The close of $17.97 therefore represents a rise of 12.2% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 63.01% below the highest close on record up to that date, which was set on 2011-04-29.