Highest so far that year
At the time, no session earlier in the year had closed higher.
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This page is a historical record of the silver price in 7 January 2020, not the current price.See today's silver price (11 September 2026)
Highest closing price since 24 September 2019
Silver closed at $18.32 per troy ounce on 7 January 2020, up $0.219 (1.21%) from the previous close of $18.10.
Notable session: highest close of the month.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
At the time, no session earlier in the year had closed higher.
This close sat 62.30% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.67, making this a +16.89% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.32 per troy ounce on 7 January 2020. That is $0.22 higher than the previous close of $18.10, a move of 1.21%.
The silver price rose on 7 January 2020, gaining $0.22 (1.21%) against the previous session's close of $18.10.
At $18.32 per troy ounce, one gram of pure silver was worth about $0.59 on 7 January 2020. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 85.8 on 7 January 2020, meaning one ounce of gold was worth roughly 85.8 ounces of silver.
A week before 7 January 2020, silver was around $17.83 per troy ounce, so the close of $18.32 is a gain of 2.7% over the week.
A month before 7 January 2020, silver was around $16.48 per troy ounce, so the close of $18.32 is a gain of 11.1% over the month.
A year before 7 January 2020, silver was around $15.67 per troy ounce. The close of $18.32 therefore represents a rise of 16.9% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 62.30% below the highest close on record up to that date, which was set on 2011-04-29.
The most recent higher close was about 3 months earlier — 72 trading sessions before this one.