Distance from the record
This close sat 50.87% 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 6 October 2020, not the current price.See today's silver price (11 September 2026)
Silver closed at $23.87 per troy ounce on 6 October 2020, down $0.632 (2.58%) from the previous close of $24.50.
Silver lost 2.58% 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 50.87% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.54, making this a +36.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $23.87 per troy ounce on 6 October 2020. That is $0.63 lower than the previous close of $24.50, a move of -2.58%.
The silver price fell on 6 October 2020, losing $0.63 (2.58%) against the previous session's close of $24.50.
At $23.87 per troy ounce, one gram of pure silver was worth about $0.77 on 6 October 2020. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.6 on 6 October 2020, meaning one ounce of gold was worth roughly 79.6 ounces of silver.
A week before 6 October 2020, silver was around $24.38 per troy ounce, so the close of $23.87 is a loss of 2.1% over the week.
A month before 6 October 2020, silver was around $26.58 per troy ounce, so the close of $23.87 is a loss of 10.2% over the month.
A year before 6 October 2020, silver was around $17.54 per troy ounce. The close of $23.87 therefore represents a rise of 36.1% over twelve months.
It closed 50.87% below the highest close on record up to that date, which was set on 2011-04-29.