Distance from the record
This close sat 43.73% 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 September 2008, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 23 August 2007
Silver closed at $11.64 per troy ounce on 9 September 2008, down $0.350 (2.92%) from the previous close of $11.99.
Silver lost 2.92% 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 43.73% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $12.59, making this a -7.56% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.64 per troy ounce on 9 September 2008. That is $0.35 lower than the previous close of $11.99, a move of -2.92%.
The silver price fell on 9 September 2008, losing $0.35 (2.92%) against the previous session's close of $11.99.
At $11.64 per troy ounce, one gram of pure silver was worth about $0.37 on 9 September 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.6 on 9 September 2008, meaning one ounce of gold was worth roughly 67.6 ounces of silver.
A week before 9 September 2008, silver was around $13.05 per troy ounce, so the close of $11.64 is a loss of 10.8% over the week.
A month before 9 September 2008, silver was around $15.30 per troy ounce, so the close of $11.64 is a loss of 23.9% over the month.
This close was session 5 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 43.73% below the highest close on record up to that date, which was set on 2008-03-05.