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 July 2024, not the current price.See today's silver price (11 September 2026)
Silver closed at $31.19 per troy ounce on 16 July 2024, up $0.523 (1.71%) from the previous close of $30.67.
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 35.79% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $25.01, making this a +24.71% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $31.19 per troy ounce on 16 July 2024. That is $0.52 higher than the previous close of $30.67, a move of 1.71%.
The silver price rose on 16 July 2024, gaining $0.52 (1.71%) against the previous session's close of $30.67.
At $31.19 per troy ounce, one gram of pure silver was worth about $1.00 on 16 July 2024. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 78.9 on 16 July 2024, meaning one ounce of gold was worth roughly 78.9 ounces of silver.
A month before 16 July 2024, silver was around $29.40 per troy ounce, so the close of $31.19 is a gain of 6.1% over the month.
A year before 16 July 2024, silver was around $25.01 per troy ounce. The close of $31.19 therefore represents a rise of 24.7% over twelve months.
It closed 35.79% below the highest close on record up to that date, which was set on 2011-04-29.