Distance from the record
This close sat 31.90% below the highest silver close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the silver price in 16 June 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $10.11 per troy ounce on 16 June 2006, up $0.160 (1.61%) from the previous close of $9.950.
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 close sat 31.90% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.360, making this a +37.36% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $10.11 per troy ounce on 16 June 2006. That is $0.16 higher than the previous close of $9.95, a move of 1.61%.
The silver price rose on 16 June 2006, gaining $0.16 (1.61%) against the previous session's close of $9.95.
At $10.11 per troy ounce, one gram of pure silver was worth about $0.33 on 16 June 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 57.2 on 16 June 2006, meaning one ounce of gold was worth roughly 57.2 ounces of silver.
A week before 16 June 2006, silver was around $11.18 per troy ounce, so the close of $10.11 is a loss of 9.5% over the week.
A month before 16 June 2006, silver was around $13.45 per troy ounce, so the close of $10.11 is a loss of 24.8% over the month.
A year before 16 June 2006, silver was around $7.36 per troy ounce. The close of $10.11 therefore represents a rise of 37.4% 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 31.90% below the highest close on record up to that date, which was set on 2006-05-11.