Distance from the record
This close sat 16.06% 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 September 2011, not the current price.See today's silver price (11 September 2026)
Silver jumps 3.4% in a single session
Silver closed at $40.78 per troy ounce on 16 September 2011, up $1.328 (3.37%) from the previous close of $39.45.
Notable session: moved more than 3% in a session.
This was a 3.37% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This close sat 16.06% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $20.75, making this a +96.58% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $40.78 per troy ounce on 16 September 2011. That is $1.33 higher than the previous close of $39.45, a move of 3.37%.
The silver price rose on 16 September 2011, gaining $1.33 (3.37%) against the previous session's close of $39.45.
At $40.78 per troy ounce, one gram of pure silver was worth about $1.31 on 16 September 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 44.4 on 16 September 2011, meaning one ounce of gold was worth roughly 44.4 ounces of silver.
A year before 16 September 2011, silver was around $20.75 per troy ounce. The close of $40.78 therefore represents a rise of 96.6% over twelve months.
It closed 16.06% below the highest close on record up to that date, which was set on 2011-04-29.