Distance from the record
This close sat 37.92% below the highest silver close recorded up to that date, set on 2008-03-05.
This page is a historical record of the silver price in 8 July 2009, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 30 April 2009
Silver closed at $12.84 per troy ounce on 8 July 2009, down $0.368 (2.79%) from the previous close of $13.21.
Silver lost 2.79% 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 37.92% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $17.88, making this a -28.18% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.84 per troy ounce on 8 July 2009. That is $0.37 lower than the previous close of $13.21, a move of -2.79%.
The silver price fell on 8 July 2009, losing $0.37 (2.79%) against the previous session's close of $13.21.
At $12.84 per troy ounce, one gram of pure silver was worth about $0.41 on 8 July 2009. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 70.8 on 8 July 2009, meaning one ounce of gold was worth roughly 70.8 ounces of silver.
A week before 8 July 2009, silver was around $13.93 per troy ounce, so the close of $12.84 is a loss of 7.8% over the week.
A month before 8 July 2009, silver was around $14.94 per troy ounce, so the close of $12.84 is a loss of 14.1% over the month.
A year before 8 July 2009, silver was around $17.88 per troy ounce. The close of $12.84 therefore represents a fall of 28.2% over twelve months.
This close was session 4 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 37.92% below the highest close on record up to that date, which was set on 2008-03-05.