Distance from the record
This close sat 59.41% 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 18 August 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $19.72 per troy ounce on 18 August 2016, up $0.093 (0.47%) from the previous close of $19.63.
This close sat 59.41% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.79, making this a +33.36% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $19.72 per troy ounce on 18 August 2016. That is $0.09 higher than the previous close of $19.63, a move of 0.47%.
The silver price rose on 18 August 2016, gaining $0.09 (0.47%) against the previous session's close of $19.63.
At $19.72 per troy ounce, one gram of pure silver was worth about $0.63 on 18 August 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 68.5 on 18 August 2016, meaning one ounce of gold was worth roughly 68.5 ounces of silver.
A year before 18 August 2016, silver was around $14.79 per troy ounce. The close of $19.72 therefore represents a rise of 33.4% over twelve months.
It closed 59.41% below the highest close on record up to that date, which was set on 2011-04-29.