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 2011, not the current price.See today's silver price (11 September 2026)
Highest closing price since 3 August 2011
Silver closed at $39.82 per troy ounce on 16 August 2011, up $0.523 (1.33%) from the previous close of $39.30.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 18.04% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.42, making this a +116.21% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $39.82 per troy ounce on 16 August 2011. That is $0.52 higher than the previous close of $39.30, a move of 1.33%.
The silver price rose on 16 August 2011, gaining $0.52 (1.33%) against the previous session's close of $39.30.
At $39.82 per troy ounce, one gram of pure silver was worth about $1.28 on 16 August 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 44.8 on 16 August 2011, meaning one ounce of gold was worth roughly 44.8 ounces of silver.
A week before 16 August 2011, silver was around $37.88 per troy ounce, so the close of $39.82 is a gain of 5.1% over the week.
A year before 16 August 2011, silver was around $18.42 per troy ounce. The close of $39.82 therefore represents a rise of 116.2% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 18.04% below the highest close on record up to that date, which was set on 2011-04-29.