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 May 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $13.45 per troy ounce on 16 May 2006, up $0.206 (1.56%) from the previous close of $13.25.
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 9.39% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $6.935, making this a +93.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $13.45 per troy ounce on 16 May 2006. That is $0.21 higher than the previous close of $13.25, a move of 1.56%.
The silver price rose on 16 May 2006, gaining $0.21 (1.56%) against the previous session's close of $13.25.
At $13.45 per troy ounce, one gram of pure silver was worth about $0.43 on 16 May 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.4 on 16 May 2006, meaning one ounce of gold was worth roughly 51.4 ounces of silver.
A week before 16 May 2006, silver was around $14.37 per troy ounce, so the close of $13.45 is a loss of 6.4% over the week.
A year before 16 May 2006, silver was around $6.93 per troy ounce. The close of $13.45 therefore represents a rise of 94.0% over twelve months.
It closed 9.39% below the highest close on record up to that date, which was set on 2006-05-11.