Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 8 August 2022, not the current price.See today's silver price (11 September 2026)
Highest closing price since 29 June 2022
Silver closed at $20.59 per troy ounce on 8 August 2022, up $0.773 (3.90%) from the previous close of $19.82.
Notable session: moved more than 3% in a session.
This was a 3.90% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
No earlier session that month closed above this level.
This close sat 57.62% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $24.31, making this a -15.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $20.59 per troy ounce on 8 August 2022. That is $0.77 higher than the previous close of $19.82, a move of 3.90%.
The silver price rose on 8 August 2022, gaining $0.77 (3.90%) against the previous session's close of $19.82.
At $20.59 per troy ounce, one gram of pure silver was worth about $0.66 on 8 August 2022. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 86.8 on 8 August 2022, meaning one ounce of gold was worth roughly 86.8 ounces of silver.
A week before 8 August 2022, silver was around $20.16 per troy ounce, so the close of $20.59 is a gain of 2.2% over the week.
A month before 8 August 2022, silver was around $19.17 per troy ounce, so the close of $20.59 is a gain of 7.4% over the month.
A year before 8 August 2022, silver was around $24.31 per troy ounce. The close of $20.59 therefore represents a fall of 15.3% over twelve months.
It closed 57.62% below the highest close on record up to that date, which was set on 2011-04-29.