Distance from the record
This close sat 21.38% 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 5 August 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 13 July 2011
Silver closed at $38.20 per troy ounce on 5 August 2011, down $1.221 (3.10%) from the previous close of $39.42.
Notable session: moved more than 3% in a session.
Silver lost 3.10% 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 21.38% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.31, making this a +108.64% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $38.20 per troy ounce on 5 August 2011. That is $1.22 lower than the previous close of $39.42, a move of -3.10%.
The silver price fell on 5 August 2011, losing $1.22 (3.10%) against the previous session's close of $39.42.
At $38.20 per troy ounce, one gram of pure silver was worth about $1.23 on 5 August 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 43.2 on 5 August 2011, meaning one ounce of gold was worth roughly 43.2 ounces of silver.
A week before 5 August 2011, silver was around $40.09 per troy ounce, so the close of $38.20 is a loss of 4.7% over the week.
A month before 5 August 2011, silver was around $35.40 per troy ounce, so the close of $38.20 is a gain of 7.9% over the month.
A year before 5 August 2011, silver was around $18.31 per troy ounce. The close of $38.20 therefore represents a rise of 108.6% over twelve months.
It closed 21.38% below the highest close on record up to that date, which was set on 2011-04-29.