Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 18 October 2016, not the current price.See today's silver price (11 September 2026)
Highest closing price since 5 October 2016
Silver closed at $17.59 per troy ounce on 18 October 2016, up $0.165 (0.95%) from the previous close of $17.43.
This was the strongest close of the week up to that point.
This close sat 63.79% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.10, making this a +9.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.59 per troy ounce on 18 October 2016. That is $0.16 higher than the previous close of $17.43, a move of 0.95%.
The silver price rose on 18 October 2016, gaining $0.16 (0.95%) against the previous session's close of $17.43.
At $17.59 per troy ounce, one gram of pure silver was worth about $0.57 on 18 October 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.7 on 18 October 2016, meaning one ounce of gold was worth roughly 71.7 ounces of silver.
A month before 18 October 2016, silver was around $18.78 per troy ounce, so the close of $17.59 is a loss of 6.3% over the month.
It closed 63.79% below the highest close on record up to that date, which was set on 2011-04-29.