Distance from the record
This close sat 57.09% 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 October 2023, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 10 March 2023
Silver closed at $20.85 per troy ounce on 5 October 2023, down $0.108 (0.52%) from the previous close of $20.96.
Notable session: lowest close of the month.
This close extended a run of 5 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 57.09% below the highest silver close recorded up to that date, set on 2011-04-29.
One of the ten lowest silver closes of that year, ranking 239 of 246 sessions.
Twelve months earlier silver traded around $20.48, making this a +1.80% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $20.85 per troy ounce on 5 October 2023. That is $0.11 lower than the previous close of $20.96, a move of -0.52%.
The silver price fell on 5 October 2023, losing $0.11 (0.52%) against the previous session's close of $20.96.
At $20.85 per troy ounce, one gram of pure silver was worth about $0.67 on 5 October 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 87.1 on 5 October 2023, meaning one ounce of gold was worth roughly 87.1 ounces of silver.
A week before 5 October 2023, silver was around $22.51 per troy ounce, so the close of $20.85 is a loss of 7.4% over the week.
A month before 5 October 2023, silver was around $23.56 per troy ounce, so the close of $20.85 is a loss of 11.5% over the month.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 57.09% below the highest close on record up to that date, which was set on 2011-04-29.