Distance from the record
This close sat 42.58% 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 July 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $27.90 per troy ounce on 31 July 2012, down $0.119 (0.42%) from the previous close of $28.01.
This close sat 42.58% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $40.09, making this a -30.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $27.90 per troy ounce on 31 July 2012. That is $0.12 lower than the previous close of $28.01, a move of -0.42%.
The silver price fell on 31 July 2012, losing $0.12 (0.42%) against the previous session's close of $28.01.
At $27.90 per troy ounce, one gram of pure silver was worth about $0.90 on 31 July 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 57.7 on 31 July 2012, meaning one ounce of gold was worth roughly 57.7 ounces of silver.
A week before 31 July 2012, silver was around $26.79 per troy ounce, so the close of $27.90 is a gain of 4.1% over the week.
A year before 31 July 2012, silver was around $40.09 per troy ounce. The close of $27.90 therefore represents a fall of 30.4% over twelve months.
It closed 42.58% below the highest close on record up to that date, which was set on 2011-04-29.