Distance from the record
This close sat 13.59% below the highest silver close recorded up to that date, set on 2000-08-31.
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This page is a historical record of the silver price in 16 October 2001, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 14 September 2001
Silver closed at $4.323 per troy ounce on 16 October 2001, down $0.048 (1.10%) from the previous close of $4.371.
This close sat 13.59% below the highest silver close recorded up to that date, set on 2000-08-31.
Twelve months earlier silver traded around $4.881, making this a -11.43% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.32 per troy ounce on 16 October 2001. That is $0.05 lower than the previous close of $4.37, a move of -1.10%.
The silver price fell on 16 October 2001, losing $0.05 (1.10%) against the previous session's close of $4.37.
At $4.32 per troy ounce, one gram of pure silver was worth about $0.14 on 16 October 2001. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 65.3 on 16 October 2001, meaning one ounce of gold was worth roughly 65.3 ounces of silver.
A week before 16 October 2001, silver was around $4.53 per troy ounce, so the close of $4.32 is a loss of 4.6% over the week.
It closed 13.59% below the highest close on record up to that date, which was set on 2000-08-31.