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 October 2009, not the current price.See today's silver price (11 September 2026)
Highest closing price since 31 July 2008
Silver closed at $17.48 per troy ounce on 7 October 2009, up $0.205 (1.19%) from the previous close of $17.27.
Silver had not closed this high for about a year. Reclaiming a level after that long usually says more about the trend than the size of the day's move does.
At the time, no session earlier in the year had closed higher.
This close sat 15.50% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $11.32, making this a +54.33% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.48 per troy ounce on 7 October 2009. That is $0.20 higher than the previous close of $17.27, a move of 1.19%.
The silver price rose on 7 October 2009, gaining $0.20 (1.19%) against the previous session's close of $17.27.
At $17.48 per troy ounce, one gram of pure silver was worth about $0.56 on 7 October 2009. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.7 on 7 October 2009, meaning one ounce of gold was worth roughly 59.7 ounces of silver.
A week before 7 October 2009, silver was around $16.64 per troy ounce, so the close of $17.48 is a gain of 5.1% over the week.
A month before 7 October 2009, silver was around $16.26 per troy ounce, so the close of $17.48 is a gain of 7.5% over the month.
A year before 7 October 2009, silver was around $11.32 per troy ounce. The close of $17.48 therefore represents a rise of 54.3% 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 15.50% below the highest close on record up to that date, which was set on 2008-03-05.
The most recent higher close was about a year earlier — 296 trading sessions before this one.