Distance from the record
This close sat 60.98% 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 15 September 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $18.96 per troy ounce on 15 September 2016, down $0.023 (0.12%) from the previous close of $18.98.
Silver barely moved, closing within 0.12% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 60.98% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.32, making this a +32.40% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.96 per troy ounce on 15 September 2016. That is $0.02 lower than the previous close of $18.98, a move of -0.12%.
The silver price fell on 15 September 2016, losing $0.02 (0.12%) against the previous session's close of $18.98.
At $18.96 per troy ounce, one gram of pure silver was worth about $0.61 on 15 September 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 69.3 on 15 September 2016, meaning one ounce of gold was worth roughly 69.3 ounces of silver.
A week before 15 September 2016, silver was around $19.59 per troy ounce, so the close of $18.96 is a loss of 3.2% over the week.
A year before 15 September 2016, silver was around $14.32 per troy ounce. The close of $18.96 therefore represents a rise of 32.4% over twelve months.
It closed 60.98% below the highest close on record up to that date, which was set on 2011-04-29.