Distance from the record
This close sat 38.67% 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 4 October 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 7 February 2011
Silver closed at $29.80 per troy ounce on 4 October 2011, down $0.955 (3.11%) from the previous close of $30.75.
Notable session: lowest close of the month; moved more than 3% in a session.
Silver lost 3.11% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 38.67% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $22.01, making this a +35.35% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $29.80 per troy ounce on 4 October 2011. That is $0.95 lower than the previous close of $30.75, a move of -3.11%.
The silver price fell on 4 October 2011, losing $0.95 (3.11%) against the previous session's close of $30.75.
At $29.80 per troy ounce, one gram of pure silver was worth about $0.96 on 4 October 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.2 on 4 October 2011, meaning one ounce of gold was worth roughly 54.2 ounces of silver.
A week before 4 October 2011, silver was around $31.50 per troy ounce, so the close of $29.80 is a loss of 5.4% over the week.
A month before 4 October 2011, silver was around $43.02 per troy ounce, so the close of $29.80 is a loss of 30.7% over the month.
A year before 4 October 2011, silver was around $22.01 per troy ounce. The close of $29.80 therefore represents a rise of 35.4% over twelve months.
It closed 38.67% below the highest close on record up to that date, which was set on 2011-04-29.