Distance from the record
This close sat 17.52% below the highest silver close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the silver price in 22 August 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $12.24 per troy ounce on 22 August 2006, down $0.080 (0.65%) from the previous close of $12.32.
This close sat 17.52% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.054, making this a +73.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.24 per troy ounce on 22 August 2006. That is $0.08 lower than the previous close of $12.32, a move of -0.65%.
The silver price fell on 22 August 2006, losing $0.08 (0.65%) against the previous session's close of $12.32.
At $12.24 per troy ounce, one gram of pure silver was worth about $0.39 on 22 August 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.0 on 22 August 2006, meaning one ounce of gold was worth roughly 51.0 ounces of silver.
A month before 22 August 2006, silver was around $10.78 per troy ounce, so the close of $12.24 is a gain of 13.5% over the month.
A year before 22 August 2006, silver was around $7.05 per troy ounce. The close of $12.24 therefore represents a rise of 73.6% over twelve months.
It closed 17.52% below the highest close on record up to that date, which was set on 2006-05-11.