Distance from the record
This close sat 25.74% 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 12 September 2006, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 25 July 2006
Silver closed at $11.02 per troy ounce on 12 September 2006, down $0.083 (0.75%) from the previous close of $11.11.
This close extended a run of 4 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 25.74% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $6.998, making this a +57.55% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.02 per troy ounce on 12 September 2006. That is $0.08 lower than the previous close of $11.11, a move of -0.75%.
The silver price fell on 12 September 2006, losing $0.08 (0.75%) against the previous session's close of $11.11.
At $11.02 per troy ounce, one gram of pure silver was worth about $0.35 on 12 September 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.2 on 12 September 2006, meaning one ounce of gold was worth roughly 53.2 ounces of silver.
A week before 12 September 2006, silver was around $13.01 per troy ounce, so the close of $11.02 is a loss of 15.2% over the week.
A month before 12 September 2006, silver was around $11.85 per troy ounce, so the close of $11.02 is a loss of 7.0% over the month.
A year before 12 September 2006, silver was around $7.00 per troy ounce. The close of $11.02 therefore represents a rise of 57.5% over twelve months.
This close was session 4 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 25.74% below the highest close on record up to that date, which was set on 2006-05-11.