Distance from the record
This close sat 71.72% 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 12 January 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 17 December 2015
Silver closed at $13.74 per troy ounce on 12 January 2016, down $0.115 (0.83%) from the previous close of $13.85.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 71.72% below the highest silver close recorded up to that date, set on 2011-04-29.
One of the ten lowest silver closes of that year, ranking 248 of 249 sessions.
Twelve months earlier silver traded around $16.53, making this a -16.90% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $13.74 per troy ounce on 12 January 2016. That is $0.11 lower than the previous close of $13.85, a move of -0.83%.
The silver price fell on 12 January 2016, losing $0.11 (0.83%) against the previous session's close of $13.85.
At $13.74 per troy ounce, one gram of pure silver was worth about $0.44 on 12 January 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.0 on 12 January 2016, meaning one ounce of gold was worth roughly 79.0 ounces of silver.
A year before 12 January 2016, silver was around $16.53 per troy ounce. The close of $13.74 therefore represents a fall of 16.9% over twelve months.
This close was session 3 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 71.72% below the highest close on record up to that date, which was set on 2011-04-29.