Distance from the record
This close sat 58.87% below the highest silver close recorded up to that date, set on 2011-04-29.
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This page is a historical record of the silver price in 11 August 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $19.98 per troy ounce on 11 August 2016, down $0.150 (0.75%) from the previous close of $20.13.
This close sat 58.87% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.28, making this a +30.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $19.98 per troy ounce on 11 August 2016. That is $0.15 lower than the previous close of $20.13, a move of -0.75%.
The silver price fell on 11 August 2016, losing $0.15 (0.75%) against the previous session's close of $20.13.
At $19.98 per troy ounce, one gram of pure silver was worth about $0.64 on 11 August 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.2 on 11 August 2016, meaning one ounce of gold was worth roughly 67.2 ounces of silver.
A week before 11 August 2016, silver was around $20.41 per troy ounce, so the close of $19.98 is a loss of 2.1% over the week.
A year before 11 August 2016, silver was around $15.28 per troy ounce. The close of $19.98 therefore represents a rise of 30.8% over twelve months.
It closed 58.87% below the highest close on record up to that date, which was set on 2011-04-29.