Distance from the record
This close sat 66.91% below the highest silver close recorded up to that date, set on 2011-04-29.
Loading…
This page is a historical record of the silver price in 31 October 2014, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 24 February 2010
Silver closed at $16.08 per troy ounce on 31 October 2014, down $0.314 (1.92%) from the previous close of $16.39.
Notable session: lowest close of the month.
Silver had not closed this low for about 5 years. Breaking below a level held that long is the kind of move that tends to set the tone for the sessions that follow.
This close sat 66.91% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $21.83, making this a -26.36% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.08 per troy ounce on 31 October 2014. That is $0.31 lower than the previous close of $16.39, a move of -1.92%.
The silver price fell on 31 October 2014, losing $0.31 (1.92%) against the previous session's close of $16.39.
At $16.08 per troy ounce, one gram of pure silver was worth about $0.52 on 31 October 2014. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.8 on 31 October 2014, meaning one ounce of gold was worth roughly 72.8 ounces of silver.
A week before 31 October 2014, silver was around $17.14 per troy ounce, so the close of $16.08 is a loss of 6.2% over the week.
A month before 31 October 2014, silver was around $17.01 per troy ounce, so the close of $16.08 is a loss of 5.5% over the month.
A year before 31 October 2014, silver was around $21.83 per troy ounce. The close of $16.08 therefore represents a fall of 26.4% over twelve months.
It closed 66.91% below the highest close on record up to that date, which was set on 2011-04-29.