Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 7 July 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $17.84 per troy ounce on 7 July 2008, down $0.447 (2.44%) from the previous close of $18.28.
Silver lost 2.44% 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 was the strongest close of the week up to that point.
This close sat 13.76% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $12.65, making this a +41.03% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.84 per troy ounce on 7 July 2008. That is $0.45 lower than the previous close of $18.28, a move of -2.44%.
The silver price fell on 7 July 2008, losing $0.45 (2.44%) against the previous session's close of $18.28.
At $17.84 per troy ounce, one gram of pure silver was worth about $0.57 on 7 July 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.0 on 7 July 2008, meaning one ounce of gold was worth roughly 52.0 ounces of silver.
A week before 7 July 2008, silver was around $17.42 per troy ounce, so the close of $17.84 is a gain of 2.4% over the week.
A year before 7 July 2008, silver was around $12.65 per troy ounce. The close of $17.84 therefore represents a rise of 41.0% over twelve months.
It closed 13.76% below the highest close on record up to that date, which was set on 2008-03-05.