Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 2 June 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $16.00 per troy ounce on 2 June 2016, up $0.033 (0.21%) from the previous close of $15.97.
Notable session: lowest close of the month.
No earlier session that month closed above this level.
This close sat 67.06% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.78, making this a -4.64% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.00 per troy ounce on 2 June 2016. That is $0.03 higher than the previous close of $15.97, a move of 0.21%.
The silver price rose on 2 June 2016, gaining $0.03 (0.21%) against the previous session's close of $15.97.
At $16.00 per troy ounce, one gram of pure silver was worth about $0.51 on 2 June 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 75.6 on 2 June 2016, meaning one ounce of gold was worth roughly 75.6 ounces of silver.
A week before 2 June 2016, silver was around $16.34 per troy ounce, so the close of $16.00 is a loss of 2.0% over the week.
A month before 2 June 2016, silver was around $17.66 per troy ounce, so the close of $16.00 is a loss of 9.4% over the month.
It closed 67.06% below the highest close on record up to that date, which was set on 2011-04-29.