Distance from the record
This close sat 3.81% below the highest silver close recorded up to that date, set on 2008-01-31.
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This page is a historical record of the silver price in 5 February 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 24 January 2008
Silver closed at $16.30 per troy ounce on 5 February 2008, down $0.437 (2.61%) from the previous close of $16.74.
Notable session: lowest close of the month.
Silver lost 2.61% 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 3.81% below the highest silver close recorded up to that date, set on 2008-01-31.
Twelve months earlier silver traded around $13.52, making this a +20.63% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.30 per troy ounce on 5 February 2008. That is $0.44 lower than the previous close of $16.74, a move of -2.61%.
The silver price fell on 5 February 2008, losing $0.44 (2.61%) against the previous session's close of $16.74.
At $16.30 per troy ounce, one gram of pure silver was worth about $0.52 on 5 February 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.3 on 5 February 2008, meaning one ounce of gold was worth roughly 54.3 ounces of silver.
A week before 5 February 2008, silver was around $16.75 per troy ounce, so the close of $16.30 is a loss of 2.6% over the week.
A month before 5 February 2008, silver was around $15.35 per troy ounce, so the close of $16.30 is a gain of 6.2% over the month.
A year before 5 February 2008, silver was around $13.52 per troy ounce. The close of $16.30 therefore represents a rise of 20.6% over twelve months.
It closed 3.81% below the highest close on record up to that date, which was set on 2008-01-31.