Distance from the record
This close sat 64.21% 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 October 2014, not the current price.See today's silver price (11 September 2026)
Silver closed at $17.39 per troy ounce on 16 October 2014, down $0.027 (0.16%) from the previous close of $17.42.
This close sat 64.21% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $21.32, making this a -18.44% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.39 per troy ounce on 16 October 2014. That is $0.03 lower than the previous close of $17.42, a move of -0.16%.
The silver price fell on 16 October 2014, losing $0.03 (0.16%) against the previous session's close of $17.42.
At $17.39 per troy ounce, one gram of pure silver was worth about $0.56 on 16 October 2014. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.3 on 16 October 2014, meaning one ounce of gold was worth roughly 71.3 ounces of silver.
A month before 16 October 2014, silver was around $18.66 per troy ounce, so the close of $17.39 is a loss of 6.8% over the month.
A year before 16 October 2014, silver was around $21.32 per troy ounce. The close of $17.39 therefore represents a fall of 18.4% over twelve months.
It closed 64.21% below the highest close on record up to that date, which was set on 2011-04-29.