Distance from the record
This close sat 70.62% 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 2 February 2016, not the current price.See today's silver price (11 September 2026)
Silver falls 4.2% in a single session
Silver closed at $14.28 per troy ounce on 2 February 2016, down $0.620 (4.16%) from the previous close of $14.90.
Notable session: lowest close of the month; moved more than 3% in a session.
Silver lost 4.16% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 70.62% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $17.24, making this a -17.17% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $14.28 per troy ounce on 2 February 2016. That is $0.62 lower than the previous close of $14.90, a move of -4.16%.
The silver price fell on 2 February 2016, losing $0.62 (4.16%) against the previous session's close of $14.90.
At $14.28 per troy ounce, one gram of pure silver was worth about $0.46 on 2 February 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.0 on 2 February 2016, meaning one ounce of gold was worth roughly 79.0 ounces of silver.
A year before 2 February 2016, silver was around $17.24 per troy ounce. The close of $14.28 therefore represents a fall of 17.2% over twelve months.
It closed 70.62% below the highest close on record up to that date, which was set on 2011-04-29.