Distance from the record
This close sat 51.15% 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 2023, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 22 November 2023
Silver closed at $23.73 per troy ounce on 7 December 2023, down $0.157 (0.66%) from the previous close of $23.89.
This close extended a run of 3 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 51.15% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $22.71, making this a +4.50% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $23.73 per troy ounce on 7 December 2023. That is $0.16 lower than the previous close of $23.89, a move of -0.66%.
The silver price fell on 7 December 2023, losing $0.16 (0.66%) against the previous session's close of $23.89.
At $23.73 per troy ounce, one gram of pure silver was worth about $0.76 on 7 December 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 85.5 on 7 December 2023, meaning one ounce of gold was worth roughly 85.5 ounces of silver.
A week before 7 December 2023, silver was around $25.29 per troy ounce, so the close of $23.73 is a loss of 6.2% over the week.
A month before 7 December 2023, silver was around $22.51 per troy ounce, so the close of $23.73 is a gain of 5.4% over the month.
This close was session 3 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 51.15% below the highest close on record up to that date, which was set on 2011-04-29.