Distance from the record
This close sat 53.67% 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 November 2023, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 12 October 2023
Silver closed at $22.51 per troy ounce on 7 November 2023, down $0.641 (2.77%) from the previous close of $23.15.
Silver lost 2.77% 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 53.67% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $20.90, making this a +7.70% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $22.51 per troy ounce on 7 November 2023. That is $0.64 lower than the previous close of $23.15, a move of -2.77%.
The silver price fell on 7 November 2023, losing $0.64 (2.77%) against the previous session's close of $23.15.
At $22.51 per troy ounce, one gram of pure silver was worth about $0.72 on 7 November 2023. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 87.4 on 7 November 2023, meaning one ounce of gold was worth roughly 87.4 ounces of silver.
It closed 53.67% below the highest close on record up to that date, which was set on 2011-04-29.