Distance from the record
This close sat 52.55% below the highest silver close recorded up to that date, set on 2011-04-29.
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This page is a historical record of the silver price in 31 January 2024, not the current price.See today's silver price (11 September 2026)
Silver closed at $23.05 per troy ounce on 31 January 2024, down $0.056 (0.24%) from the previous close of $23.11.
This close sat 52.55% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $23.75, making this a -2.93% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $23.05 per troy ounce on 31 January 2024. That is $0.06 lower than the previous close of $23.11, a move of -0.24%.
The silver price fell on 31 January 2024, losing $0.06 (0.24%) against the previous session's close of $23.11.
At $23.05 per troy ounce, one gram of pure silver was worth about $0.74 on 31 January 2024. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 88.9 on 31 January 2024, meaning one ounce of gold was worth roughly 88.9 ounces of silver.
It closed 52.55% below the highest close on record up to that date, which was set on 2011-04-29.