Distance from the record
This close sat 41.30% 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 June 2012, not the current price.See today's silver price (11 September 2026)
Silver falls 3.2% in a single session
Silver closed at $28.52 per troy ounce on 7 June 2012, down $0.957 (3.25%) from the previous close of $29.48.
Notable session: moved more than 3% in a session.
Silver lost 3.25% 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 close sat 41.30% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $37.04, making this a -23.00% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $28.52 per troy ounce on 7 June 2012. That is $0.96 lower than the previous close of $29.48, a move of -3.25%.
The silver price fell on 7 June 2012, losing $0.96 (3.25%) against the previous session's close of $29.48.
At $28.52 per troy ounce, one gram of pure silver was worth about $0.92 on 7 June 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 55.6 on 7 June 2012, meaning one ounce of gold was worth roughly 55.6 ounces of silver.
A week before 7 June 2012, silver was around $27.74 per troy ounce, so the close of $28.52 is a gain of 2.8% over the week.
A month before 7 June 2012, silver was around $30.07 per troy ounce, so the close of $28.52 is a loss of 5.2% over the month.
A year before 7 June 2012, silver was around $37.04 per troy ounce. The close of $28.52 therefore represents a fall of 23.0% over twelve months.
It closed 41.30% below the highest close on record up to that date, which was set on 2011-04-29.