Distance from the record
This close sat 21.20% below the highest silver close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the silver price in 17 October 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $11.70 per troy ounce on 17 October 2006, down $0.130 (1.10%) from the previous close of $11.83.
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 21.20% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.827, making this a +49.46% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.70 per troy ounce on 17 October 2006. That is $0.13 lower than the previous close of $11.83, a move of -1.10%.
The silver price fell on 17 October 2006, losing $0.13 (1.10%) against the previous session's close of $11.83.
At $11.70 per troy ounce, one gram of pure silver was worth about $0.38 on 17 October 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 50.4 on 17 October 2006, meaning one ounce of gold was worth roughly 50.4 ounces of silver.
A week before 17 October 2006, silver was around $11.14 per troy ounce, so the close of $11.70 is a gain of 5.1% over the week.
A month before 17 October 2006, silver was around $10.76 per troy ounce, so the close of $11.70 is a gain of 8.7% over the month.
A year before 17 October 2006, silver was around $7.83 per troy ounce. The close of $11.70 therefore represents a rise of 49.5% over twelve months.
It closed 21.20% below the highest close on record up to that date, which was set on 2006-05-11.