Distance from the record
This close sat 52.55% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 9 December 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $9.815 per troy ounce on 9 December 2008, down $0.125 (1.26%) from the previous close of $9.940.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 52.55% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $14.32, making this a -31.48% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $9.81 per troy ounce on 9 December 2008. That is $0.13 lower than the previous close of $9.94, a move of -1.26%.
The silver price fell on 9 December 2008, losing $0.13 (1.26%) against the previous session's close of $9.94.
At $9.81 per troy ounce, one gram of pure silver was worth about $0.32 on 9 December 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 78.7 on 9 December 2008, meaning one ounce of gold was worth roughly 78.7 ounces of silver.
A week before 9 December 2008, silver was around $9.59 per troy ounce, so the close of $9.81 is a gain of 2.3% over the week.
A year before 9 December 2008, silver was around $14.32 per troy ounce. The close of $9.81 therefore represents a fall of 31.5% over twelve months.
It closed 52.55% below the highest close on record up to that date, which was set on 2008-03-05.