Distance from the record
This close sat 19.10% 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 18 August 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $12.01 per troy ounce on 18 August 2006, up $0.037 (0.31%) from the previous close of $11.97.
This close sat 19.10% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $6.990, making this a +71.82% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.01 per troy ounce on 18 August 2006. That is $0.04 higher than the previous close of $11.97, a move of 0.31%.
The silver price rose on 18 August 2006, gaining $0.04 (0.31%) against the previous session's close of $11.97.
At $12.01 per troy ounce, one gram of pure silver was worth about $0.39 on 18 August 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.0 on 18 August 2006, meaning one ounce of gold was worth roughly 51.0 ounces of silver.
A month before 18 August 2006, silver was around $11.01 per troy ounce, so the close of $12.01 is a gain of 9.1% over the month.
A year before 18 August 2006, silver was around $6.99 per troy ounce. The close of $12.01 therefore represents a rise of 71.8% over twelve months.
It closed 19.10% below the highest close on record up to that date, which was set on 2006-05-11.