Distance from the record
This close sat 51.39% 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 November 2008, not the current price.See today's silver price (11 September 2026)
Silver falls 3.8% in a single session
Silver closed at $10.06 per troy ounce on 6 November 2008, down $0.400 (3.83%) from the previous close of $10.45.
Notable session: moved more than 3% in a session.
Silver lost 3.83% 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 51.39% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $15.33, making this a -34.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $10.06 per troy ounce on 6 November 2008. That is $0.40 lower than the previous close of $10.45, a move of -3.83%.
The silver price fell on 6 November 2008, losing $0.40 (3.83%) against the previous session's close of $10.45.
At $10.06 per troy ounce, one gram of pure silver was worth about $0.32 on 6 November 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.7 on 6 November 2008, meaning one ounce of gold was worth roughly 72.7 ounces of silver.
A week before 6 November 2008, silver was around $9.78 per troy ounce, so the close of $10.06 is a gain of 2.8% over the week.
A month before 6 November 2008, silver was around $11.23 per troy ounce, so the close of $10.06 is a loss of 10.5% over the month.
A year before 6 November 2008, silver was around $15.33 per troy ounce. The close of $10.06 therefore represents a fall of 34.4% over twelve months.
It closed 51.39% below the highest close on record up to that date, which was set on 2008-03-05.