Distance from the record
This close sat 52.99% below the highest silver close recorded up to that date, set on 2011-04-29.
This page is a historical record of the silver price in 31 October 2023, not the current price.See today's silver price (11 September 2026)
Silver closed at $22.84 per troy ounce on 31 October 2023, down $0.441 (1.89%) from the previous close of $23.28.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 52.99% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $19.13, making this a +19.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $22.84 per troy ounce on 31 October 2023. That is $0.44 lower than the previous close of $23.28, a move of -1.89%.
The silver price fell on 31 October 2023, losing $0.44 (1.89%) against the previous session's close of $23.28.
At $22.84 per troy ounce, one gram of pure silver was worth about $0.73 on 31 October 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 86.9 on 31 October 2023, meaning one ounce of gold was worth roughly 86.9 ounces of silver.
A year before 31 October 2023, silver was around $19.13 per troy ounce. The close of $22.84 therefore represents a rise of 19.4% over twelve months.
It closed 52.99% below the highest close on record up to that date, which was set on 2011-04-29.