Distance from the record
This close sat 63.98% 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 20 October 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $17.50 per troy ounce on 20 October 2016, down $0.114 (0.65%) from the previous close of $17.62.
This close sat 63.98% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.90, making this a +10.04% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.50 per troy ounce on 20 October 2016. That is $0.11 lower than the previous close of $17.62, a move of -0.65%.
The silver price fell on 20 October 2016, losing $0.11 (0.65%) against the previous session's close of $17.62.
At $17.50 per troy ounce, one gram of pure silver was worth about $0.56 on 20 October 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.3 on 20 October 2016, meaning one ounce of gold was worth roughly 72.3 ounces of silver.
A month before 20 October 2016, silver was around $19.19 per troy ounce, so the close of $17.50 is a loss of 8.8% over the month.
It closed 63.98% below the highest close on record up to that date, which was set on 2011-04-29.