Distance from the record
This close sat 35.23% 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 8 December 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 25 November 2011
Silver closed at $31.47 per troy ounce on 8 December 2011, down $1.088 (3.34%) from the previous close of $32.56.
Notable session: moved more than 3% in a session.
Silver lost 3.34% 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 35.23% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $28.22, making this a +11.49% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $31.47 per troy ounce on 8 December 2011. That is $1.09 lower than the previous close of $32.56, a move of -3.34%.
The silver price fell on 8 December 2011, losing $1.09 (3.34%) against the previous session's close of $32.56.
At $31.47 per troy ounce, one gram of pure silver was worth about $1.01 on 8 December 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 54.3 on 8 December 2011, meaning one ounce of gold was worth roughly 54.3 ounces of silver.
A week before 8 December 2011, silver was around $32.73 per troy ounce, so the close of $31.47 is a loss of 3.9% over the week.
A month before 8 December 2011, silver was around $35.14 per troy ounce, so the close of $31.47 is a loss of 10.4% over the month.
It closed 35.23% below the highest close on record up to that date, which was set on 2011-04-29.