Distance from the record
This close sat 65.13% 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 October 2017, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.94 per troy ounce on 18 October 2017, down $0.044 (0.26%) from the previous close of $16.99.
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 65.13% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.59, making this a -3.68% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.94 per troy ounce on 18 October 2017. That is $0.04 lower than the previous close of $16.99, a move of -0.26%.
The silver price fell on 18 October 2017, losing $0.04 (0.26%) against the previous session's close of $16.99.
At $16.94 per troy ounce, one gram of pure silver was worth about $0.54 on 18 October 2017. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 75.5 on 18 October 2017, meaning one ounce of gold was worth roughly 75.5 ounces of silver.
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 65.13% below the highest close on record up to that date, which was set on 2011-04-29.