Distance from the record
This close sat 65.81% 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 November 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 1 November 2016
Silver closed at $16.61 per troy ounce on 18 November 2016, down $0.148 (0.88%) from the previous close of $16.76.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 65.81% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.08, making this a +17.99% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.61 per troy ounce on 18 November 2016. That is $0.15 lower than the previous close of $16.76, a move of -0.88%.
The silver price fell on 18 November 2016, losing $0.15 (0.88%) against the previous session's close of $16.76.
At $16.61 per troy ounce, one gram of pure silver was worth about $0.53 on 18 November 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.7 on 18 November 2016, meaning one ounce of gold was worth roughly 72.7 ounces of silver.
A week before 18 November 2016, silver was around $18.72 per troy ounce, so the close of $16.61 is a loss of 11.2% over the week.
A month before 18 November 2016, silver was around $17.59 per troy ounce, so the close of $16.61 is a loss of 5.6% over the month.
A year before 18 November 2016, silver was around $14.08 per troy ounce. The close of $16.61 therefore represents a rise of 18.0% over twelve months.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 65.81% below the highest close on record up to that date, which was set on 2011-04-29.