Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 31 July 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $17.75 per troy ounce on 31 July 2008, up $0.328 (1.88%) from the previous close of $17.42.
This was the strongest close of the week up to that point.
This close sat 14.19% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $12.95, making this a +37.07% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.75 per troy ounce on 31 July 2008. That is $0.33 higher than the previous close of $17.42, a move of 1.88%.
The silver price rose on 31 July 2008, gaining $0.33 (1.88%) against the previous session's close of $17.42.
At $17.75 per troy ounce, one gram of pure silver was worth about $0.57 on 31 July 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.5 on 31 July 2008, meaning one ounce of gold was worth roughly 51.5 ounces of silver.
A week before 31 July 2008, silver was around $17.25 per troy ounce, so the close of $17.75 is a gain of 2.9% over the week.
A year before 31 July 2008, silver was around $12.95 per troy ounce. The close of $17.75 therefore represents a rise of 37.1% over twelve months.
It closed 14.19% below the highest close on record up to that date, which was set on 2008-03-05.