Distance from the record
This close sat 69.89% 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 2018, not the current price.See today's silver price (11 September 2026)
Silver closed at $14.63 per troy ounce on 16 October 2018, down $0.026 (0.18%) from the previous close of $14.66.
This close sat 69.89% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.32, making this a -15.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $14.63 per troy ounce on 16 October 2018. That is $0.03 lower than the previous close of $14.66, a move of -0.18%.
The silver price fell on 16 October 2018, losing $0.03 (0.18%) against the previous session's close of $14.66.
At $14.63 per troy ounce, one gram of pure silver was worth about $0.47 on 16 October 2018. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 83.9 on 16 October 2018, meaning one ounce of gold was worth roughly 83.9 ounces of silver.
A week before 16 October 2018, silver was around $14.33 per troy ounce, so the close of $14.63 is a gain of 2.1% over the week.
A year before 16 October 2018, silver was around $17.32 per troy ounce. The close of $14.63 therefore represents a fall of 15.5% over twelve months.
It closed 69.89% below the highest close on record up to that date, which was set on 2011-04-29.