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 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $19.85 per troy ounce on 16 August 2016, up $0.027 (0.14%) from the previous close of $19.82.
Silver barely moved, closing within 0.14% 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 was the strongest close of the week up to that point.
This close sat 59.15% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.21, making this a +30.49% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $19.85 per troy ounce on 16 August 2016. That is $0.03 higher than the previous close of $19.82, a move of 0.14%.
The silver price rose on 16 August 2016, gaining $0.03 (0.14%) against the previous session's close of $19.82.
At $19.85 per troy ounce, one gram of pure silver was worth about $0.64 on 16 August 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 68.0 on 16 August 2016, meaning one ounce of gold was worth roughly 68.0 ounces of silver.
A year before 16 August 2016, silver was around $15.21 per troy ounce. The close of $19.85 therefore represents a rise of 30.5% over twelve months.
It closed 59.15% below the highest close on record up to that date, which was set on 2011-04-29.