Distance from the record
This close sat 39.62% 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 2024, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 14 May 2024
Silver closed at $29.33 per troy ounce on 7 June 2024, down $1.912 (6.12%) from the previous close of $31.25.
Notable session: moved more than 3% in a session.
Silver lost 6.12% 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 39.62% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $23.44, making this a +25.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $29.33 per troy ounce on 7 June 2024. That is $1.91 lower than the previous close of $31.25, a move of -6.12%.
The silver price fell on 7 June 2024, losing $1.91 (6.12%) against the previous session's close of $31.25.
At $29.33 per troy ounce, one gram of pure silver was worth about $0.94 on 7 June 2024. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 78.6 on 7 June 2024, meaning one ounce of gold was worth roughly 78.6 ounces of silver.
A week before 7 June 2024, silver was around $30.30 per troy ounce, so the close of $29.33 is a loss of 3.2% over the week.
A month before 7 June 2024, silver was around $27.30 per troy ounce, so the close of $29.33 is a gain of 7.4% over the month.
A year before 7 June 2024, silver was around $23.44 per troy ounce. The close of $29.33 therefore represents a rise of 25.2% over twelve months.
It closed 39.62% below the highest close on record up to that date, which was set on 2011-04-29.