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 2012, not the current price.See today's silver price (11 September 2026)
Highest closing price since 1 August 2012
Silver closed at $28.20 per troy ounce on 16 August 2012, up $0.400 (1.44%) from the previous close of $27.81.
This was the strongest close of the week up to that point.
This close sat 41.95% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $39.82, making this a -29.17% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $28.20 per troy ounce on 16 August 2012. That is $0.40 higher than the previous close of $27.81, a move of 1.44%.
The silver price rose on 16 August 2012, gaining $0.40 (1.44%) against the previous session's close of $27.81.
At $28.20 per troy ounce, one gram of pure silver was worth about $0.91 on 16 August 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 57.3 on 16 August 2012, meaning one ounce of gold was worth roughly 57.3 ounces of silver.
A year before 16 August 2012, silver was around $39.82 per troy ounce. The close of $28.20 therefore represents a fall of 29.2% over twelve months.
It closed 41.95% below the highest close on record up to that date, which was set on 2011-04-29.