Distance from the record
This close sat 1.26% below the highest silver close recorded up to that date, set on 2008-01-31.
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This page is a historical record of the silver price in 7 February 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.74 per troy ounce on 7 February 2008, up $0.227 (1.38%) from the previous close of $16.51.
This close sat 1.26% below the highest silver close recorded up to that date, set on 2008-01-31.
Twelve months earlier silver traded around $13.67, making this a +22.45% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.74 per troy ounce on 7 February 2008. That is $0.23 higher than the previous close of $16.51, a move of 1.38%.
The silver price rose on 7 February 2008, gaining $0.23 (1.38%) against the previous session's close of $16.51.
At $16.74 per troy ounce, one gram of pure silver was worth about $0.54 on 7 February 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.1 on 7 February 2008, meaning one ounce of gold was worth roughly 54.1 ounces of silver.
A month before 7 February 2008, silver was around $15.18 per troy ounce, so the close of $16.74 is a gain of 10.2% over the month.
A year before 7 February 2008, silver was around $13.67 per troy ounce. The close of $16.74 therefore represents a rise of 22.4% over twelve months.
It closed 1.26% below the highest close on record up to that date, which was set on 2008-01-31.