Distance from the record
This close sat 59.60% 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 17 August 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 25 July 2016
Silver closed at $19.63 per troy ounce on 17 August 2016, down $0.221 (1.11%) from the previous close of $19.85.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 59.60% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.30, making this a +28.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $19.63 per troy ounce on 17 August 2016. That is $0.22 lower than the previous close of $19.85, a move of -1.11%.
The silver price fell on 17 August 2016, losing $0.22 (1.11%) against the previous session's close of $19.85.
At $19.63 per troy ounce, one gram of pure silver was worth about $0.63 on 17 August 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 68.4 on 17 August 2016, meaning one ounce of gold was worth roughly 68.4 ounces of silver.
A week before 17 August 2016, silver was around $20.13 per troy ounce, so the close of $19.63 is a loss of 2.5% over the week.
A year before 17 August 2016, silver was around $15.30 per troy ounce. The close of $19.63 therefore represents a rise of 28.3% over twelve months.
It closed 59.60% below the highest close on record up to that date, which was set on 2011-04-29.