Distance from the record
This close sat 22.04% below the highest silver close recorded up to that date, set on 2011-04-29.
Loading…
This page is a historical record of the silver price in 9 August 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 12 July 2011
Silver closed at $37.88 per troy ounce on 9 August 2011, down $1.497 (3.80%) from the previous close of $39.37.
Notable session: lowest close of the month; moved more than 3% in a session.
Silver lost 3.80% 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 22.04% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.23, making this a +107.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $37.88 per troy ounce on 9 August 2011. That is $1.50 lower than the previous close of $39.37, a move of -3.80%.
The silver price fell on 9 August 2011, losing $1.50 (3.80%) against the previous session's close of $39.37.
At $37.88 per troy ounce, one gram of pure silver was worth about $1.22 on 9 August 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 45.9 on 9 August 2011, meaning one ounce of gold was worth roughly 45.9 ounces of silver.
A week before 9 August 2011, silver was around $40.08 per troy ounce, so the close of $37.88 is a loss of 5.5% over the week.
A year before 9 August 2011, silver was around $18.23 per troy ounce. The close of $37.88 therefore represents a rise of 107.8% over twelve months.
It closed 22.04% below the highest close on record up to that date, which was set on 2011-04-29.