Distance from the record
This close sat 58.44% 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 October 2022, not the current price.See today's silver price (11 September 2026)
Silver closed at $20.19 per troy ounce on 7 October 2022, down $0.403 (1.96%) from the previous close of $20.59.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 58.44% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $22.63, making this a -10.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $20.19 per troy ounce on 7 October 2022. That is $0.40 lower than the previous close of $20.59, a move of -1.96%.
The silver price fell on 7 October 2022, losing $0.40 (1.96%) against the previous session's close of $20.59.
At $20.19 per troy ounce, one gram of pure silver was worth about $0.65 on 7 October 2022. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 84.2 on 7 October 2022, meaning one ounce of gold was worth roughly 84.2 ounces of silver.
A week before 7 October 2022, silver was around $18.96 per troy ounce, so the close of $20.19 is a gain of 6.5% over the week.
A month before 7 October 2022, silver was around $18.14 per troy ounce, so the close of $20.19 is a gain of 11.3% over the month.
It closed 58.44% below the highest close on record up to that date, which was set on 2011-04-29.