Distance from the record
This close sat 65.19% 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 November 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.91 per troy ounce on 16 November 2016, down $0.115 (0.68%) from the previous close of $17.03.
This close sat 65.19% 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 +18.94% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.91 per troy ounce on 16 November 2016. That is $0.11 lower than the previous close of $17.03, a move of -0.68%.
The silver price fell on 16 November 2016, losing $0.11 (0.68%) against the previous session's close of $17.03.
At $16.91 per troy ounce, one gram of pure silver was worth about $0.54 on 16 November 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.3 on 16 November 2016, meaning one ounce of gold was worth roughly 72.3 ounces of silver.
A week before 16 November 2016, silver was around $18.36 per troy ounce, so the close of $16.91 is a loss of 7.9% over the week.
A year before 16 November 2016, silver was around $14.22 per troy ounce. The close of $16.91 therefore represents a rise of 18.9% over twelve months.
It closed 65.19% below the highest close on record up to that date, which was set on 2011-04-29.