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Silver ranged between $27.81 and $32.11 per troy ounce during September 2024, averaging $30.07 across 20 trading days. It finished the period at $31.16, up 8.47% from $28.73.
The strongest session of September 2024 was 24 September 2024 at +4.37%, and the weakest 6 September 2024 at -3.18%.
Twelve months earlier silver traded around $22.24, making this a +40.15% move year on year.
| Date | Close (USD/oz) | Change |
|---|---|---|
| 3 September 2024 | $27.95 | −$0.780 |
| 4 September 2024 | $28.17 | +$0.216 |
| 5 September 2024 | $28.72 | +$0.553 |
| 6 September 2024 | $27.81 | −$0.912 |
| 9 September 2024 | $28.29 | +$0.483 |
| 10 September 2024 | $28.26 | −$0.034 |
| 11 September 2024 | $28.56 | +$0.306 |
| 12 September 2024 | $29.74 | +$1.180 |
| 13 September 2024 | $30.70 | +$0.956 |
| 16 September 2024 | $30.77 | +$0.072 |
| 17 September 2024 | $30.62 | −$0.152 |
| 18 September 2024 | $30.34 | −$0.278 |
| 19 September 2024 | $31.09 | +$0.753 |
| 20 September 2024 | $31.18 | +$0.082 |
| 23 September 2024 | $30.77 | −$0.409 |
| 24 September 2024 | $32.11 | +$1.344 |
| 25 September 2024 | $31.70 | −$0.413 |
| 26 September 2024 | $32.03 | +$0.327 |
| 27 September 2024 | $31.52 | −$0.506 |
| 30 September 2024 | $31.16 | −$0.355 |
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 September 2024 at $31.16 per troy ounce, having risen $2.43 (8.47%) over the month. It has traded between $27.81 and $32.11 across 20 trading days.
The average silver closing price in September 2024 was $30.07 per troy ounce, calculated across all 20 trading days in the month.
Silver reached its highest close of September 2024 at $32.11 per troy ounce on 24 September 2024.
The lowest silver close in September 2024 was $27.81 per troy ounce on 6 September 2024.
Silver rose during September 2024. It entered the month at $28.73 and closed at $31.16, a change of 8.47%.
Silver closed higher on 11 sessions and lower on 9 during September 2024. The strongest session was 24 September 2024 (+4.37%) and the weakest 6 September 2024 (-3.18%).
Daily closes in September 2024 varied with a standard deviation of 2.11% per session, and the peak-to-trough spread across the month was 15.5% ($27.81 to $32.11).
At the September 2024 close of $31.16 per troy ounce, silver worked out at about $1.00 per gram and $1,001.95 per kilogram. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio averaged about 85.7 through September 2024 and finished the month near 84.6. A higher ratio means silver is cheap relative to gold.
Silver was around $22.24 per troy ounce twelve months before the end of September 2024. Closing at $31.16 makes that a gain of 40.2% year on year.