Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 16 August 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $12.26 per troy ounce on 16 August 2006, up $0.203 (1.68%) from the previous close of $12.06.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 17.43% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.033, making this a +74.31% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.26 per troy ounce on 16 August 2006. That is $0.20 higher than the previous close of $12.06, a move of 1.68%.
The silver price rose on 16 August 2006, gaining $0.20 (1.68%) against the previous session's close of $12.06.
At $12.26 per troy ounce, one gram of pure silver was worth about $0.39 on 16 August 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.3 on 16 August 2006, meaning one ounce of gold was worth roughly 51.3 ounces of silver.
A week before 16 August 2006, silver was around $12.53 per troy ounce, so the close of $12.26 is a loss of 2.2% over the week.
A month before 16 August 2006, silver was around $11.45 per troy ounce, so the close of $12.26 is a gain of 7.1% over the month.
A year before 16 August 2006, silver was around $7.03 per troy ounce. The close of $12.26 therefore represents a rise of 74.3% over twelve months.
It closed 17.43% below the highest close on record up to that date, which was set on 2006-05-11.