Distance from the record
This close sat 32.99% 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 7 December 2011, not the current price.See today's silver price (11 September 2026)
Silver closed at $32.56 per troy ounce on 7 December 2011, down $0.117 (0.36%) from the previous close of $32.67.
This close sat 32.99% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $29.75, making this a +9.44% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $32.56 per troy ounce on 7 December 2011. That is $0.12 lower than the previous close of $32.67, a move of -0.36%.
The silver price fell on 7 December 2011, losing $0.12 (0.36%) against the previous session's close of $32.67.
At $32.56 per troy ounce, one gram of pure silver was worth about $1.05 on 7 December 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.5 on 7 December 2011, meaning one ounce of gold was worth roughly 53.5 ounces of silver.
A month before 7 December 2011, silver was around $34.81 per troy ounce, so the close of $32.56 is a loss of 6.5% over the month.
It closed 32.99% below the highest close on record up to that date, which was set on 2011-04-29.