Distance from the record
This close sat 20.90% 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 October 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $11.74 per troy ounce on 18 October 2006, up $0.045 (0.38%) from the previous close of $11.70.
This close sat 20.90% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.788, making this a +50.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.74 per troy ounce on 18 October 2006. That is $0.05 higher than the previous close of $11.70, a move of 0.38%.
The silver price rose on 18 October 2006, gaining $0.05 (0.38%) against the previous session's close of $11.70.
At $11.74 per troy ounce, one gram of pure silver was worth about $0.38 on 18 October 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 50.1 on 18 October 2006, meaning one ounce of gold was worth roughly 50.1 ounces of silver.
A week before 18 October 2006, silver was around $11.24 per troy ounce, so the close of $11.74 is a gain of 4.4% over the week.
A month before 18 October 2006, silver was around $11.18 per troy ounce, so the close of $11.74 is a gain of 5.1% over the month.
A year before 18 October 2006, silver was around $7.79 per troy ounce. The close of $11.74 therefore represents a rise of 50.8% over twelve months.
It closed 20.90% below the highest close on record up to that date, which was set on 2006-05-11.