Distance from the record
This close sat 66.75% 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 16 December 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.15 per troy ounce on 16 December 2016, up $0.256 (1.61%) from the previous close of $15.90.
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 close sat 66.75% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.22, making this a +13.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.15 per troy ounce on 16 December 2016. That is $0.26 higher than the previous close of $15.90, a move of 1.61%.
The silver price rose on 16 December 2016, gaining $0.26 (1.61%) against the previous session's close of $15.90.
At $16.15 per troy ounce, one gram of pure silver was worth about $0.52 on 16 December 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 70.3 on 16 December 2016, meaning one ounce of gold was worth roughly 70.3 ounces of silver.
A week before 16 December 2016, silver was around $16.90 per troy ounce, so the close of $16.15 is a loss of 4.4% over the week.
A year before 16 December 2016, silver was around $14.22 per troy ounce. The close of $16.15 therefore represents a rise of 13.6% over twelve months.
It closed 66.75% below the highest close on record up to that date, which was set on 2011-04-29.