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Silver ranged between $30.35 and $34.83 per troy ounce during October 2024, averaging $32.47 across 23 trading days. It finished the period at $32.65, up 4.78% from $31.16.
The strongest session of October 2024 was 1 October 2024 at +4.78%, and the weakest 8 October 2024 at -4.38%.
Twelve months earlier silver traded around $22.24, making this a +46.85% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 1 October 2024 | $32.65 | +$1.489 |
| 2 October 2024 | $31.63 | −$1.025 |
| 3 October 2024 | $32.19 | +$0.561 |
| 4 October 2024 | $32.13 | −$0.061 |
| 7 October 2024 | $31.75 | −$0.383 |
| 8 October 2024 | $30.35 | −$1.390 |
| 9 October 2024 | $30.42 | +$0.070 |
| 10 October 2024 | $31.00 | +$0.580 |
| 11 October 2024 | $31.52 | +$0.515 |
| 14 October 2024 | $31.08 | −$0.437 |
| 15 October 2024 | $31.53 | +$0.444 |
| 16 October 2024 | $31.76 | +$0.233 |
| 17 October 2024 | $31.57 | −$0.187 |
| 18 October 2024 | $33.03 | +$1.459 |
| 21 October 2024 | $33.87 | +$0.837 |
| 22 October 2024 | $34.83 | +$0.962 |
| 23 October 2024 | $33.64 | −$1.191 |
| 24 October 2024 | $33.61 | −$0.029 |
| 25 October 2024 | $33.60 | −$0.008 |
| 28 October 2024 | $33.83 | +$0.227 |
| 29 October 2024 | $34.27 | +$0.439 |
| 30 October 2024 | $33.91 | −$0.355 |
| 31 October 2024 | $32.65 | −$1.261 |
Source: Yahoo Finance (COMEX futures). Figures are indicative reference prices, not trading quotes.
Figures in this section are shown in USD, independent of the currency selected above.
Silver finished October 2024 at $32.65 per troy ounce, having risen $1.49 (4.78%) over the month. It has traded between $30.35 and $34.83 across 23 trading days.
The average silver closing price in October 2024 was $32.47 per troy ounce, calculated across all 23 trading days in the month.
Silver reached its highest close of October 2024 at $34.83 per troy ounce on 22 October 2024.
The lowest silver close in October 2024 was $30.35 per troy ounce on 8 October 2024.
Silver rose during October 2024. It entered the month at $31.16 and closed at $32.65, a change of 4.78%.
Silver closed higher on 12 sessions and lower on 11 during October 2024. The strongest session was 1 October 2024 (+4.78%) and the weakest 8 October 2024 (-4.38%).
Daily closes in October 2024 varied with a standard deviation of 2.44% per session, and the peak-to-trough spread across the month was 14.7% ($30.35 to $34.83).
At the October 2024 close of $32.65 per troy ounce, silver worked out at about $1.05 per gram and $1,049.82 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 83.0 through October 2024 and finished the month near 83.9. A higher ratio means silver is cheap relative to gold.
Silver was around $22.24 per troy ounce twelve months before the end of October 2024. Closing at $32.65 makes that a gain of 46.8% year on year.