Distance from the record
This close sat 20.16% below the highest silver close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the silver price in 11 August 2006, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 31 July 2006
Silver closed at $11.85 per troy ounce on 11 August 2006, down $0.217 (1.80%) from the previous close of $12.07.
Notable session: lowest close of the month.
This close sat 20.16% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.169, making this a +65.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.85 per troy ounce on 11 August 2006. That is $0.22 lower than the previous close of $12.07, a move of -1.80%.
The silver price fell on 11 August 2006, losing $0.22 (1.80%) against the previous session's close of $12.07.
At $11.85 per troy ounce, one gram of pure silver was worth about $0.38 on 11 August 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.4 on 11 August 2006, meaning one ounce of gold was worth roughly 53.4 ounces of silver.
A week before 11 August 2006, silver was around $12.44 per troy ounce, so the close of $11.85 is a loss of 4.7% over the week.
A year before 11 August 2006, silver was around $7.17 per troy ounce. The close of $11.85 therefore represents a rise of 65.3% over twelve months.
It closed 20.16% below the highest close on record up to that date, which was set on 2006-05-11.