Distance from the record
This close sat 20.37% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 6 August 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.47 per troy ounce on 6 August 2008, down $0.065 (0.39%) from the previous close of $16.54.
This close sat 20.37% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $12.98, making this a +26.93% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.47 per troy ounce on 6 August 2008. That is $0.07 lower than the previous close of $16.54, a move of -0.39%.
The silver price fell on 6 August 2008, losing $0.07 (0.39%) against the previous session's close of $16.54.
At $16.47 per troy ounce, one gram of pure silver was worth about $0.53 on 6 August 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.2 on 6 August 2008, meaning one ounce of gold was worth roughly 53.2 ounces of silver.
A week before 6 August 2008, silver was around $17.42 per troy ounce, so the close of $16.47 is a loss of 5.5% over the week.
A month before 6 August 2008, silver was around $18.28 per troy ounce, so the close of $16.47 is a loss of 9.9% over the month.
A year before 6 August 2008, silver was around $12.98 per troy ounce. The close of $16.47 therefore represents a rise of 26.9% over twelve months.
It closed 20.37% below the highest close on record up to that date, which was set on 2008-03-05.