Distance from the record
This close sat 42.23% below the highest silver close recorded up to that date, set on 2011-04-29.
This page is a historical record of the silver price in 8 August 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $28.07 per troy ounce on 8 August 2012, down $0.008 (0.03%) from the previous close of $28.08.
Silver barely moved, closing within 0.03% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 42.23% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $39.37, making this a -28.72% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $28.07 per troy ounce on 8 August 2012. That is $0.01 lower than the previous close of $28.08, a move of -0.03%.
The silver price fell on 8 August 2012, losing $0.01 (0.03%) against the previous session's close of $28.08.
At $28.07 per troy ounce, one gram of pure silver was worth about $0.90 on 8 August 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 57.5 on 8 August 2012, meaning one ounce of gold was worth roughly 57.5 ounces of silver.
A week before 8 August 2012, silver was around $31.37 per troy ounce, so the close of $28.07 is a loss of 10.5% over the week.
A year before 8 August 2012, silver was around $39.37 per troy ounce. The close of $28.07 therefore represents a fall of 28.7% over twelve months.
It closed 42.23% below the highest close on record up to that date, which was set on 2011-04-29.