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 2023, not the current price.See today's silver price (11 September 2026)
Highest closing price since 19 July 2023
Silver closed at $24.85 per troy ounce on 31 July 2023, up $0.484 (1.99%) from the previous close of $24.37.
This was the strongest close of the week up to that point.
This close sat 48.84% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $20.16, making this a +23.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $24.85 per troy ounce on 31 July 2023. That is $0.48 higher than the previous close of $24.37, a move of 1.99%.
The silver price rose on 31 July 2023, gaining $0.48 (1.99%) against the previous session's close of $24.37.
At $24.85 per troy ounce, one gram of pure silver was worth about $0.80 on 31 July 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.3 on 31 July 2023, meaning one ounce of gold was worth roughly 79.3 ounces of silver.
A month before 31 July 2023, silver was around $22.81 per troy ounce, so the close of $24.85 is a gain of 9.0% over the month.
A year before 31 July 2023, silver was around $20.16 per troy ounce. The close of $24.85 therefore represents a rise of 23.3% over twelve months.
It closed 48.84% below the highest close on record up to that date, which was set on 2011-04-29.