Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 23 August 2006, not the current price.See today's silver price (11 September 2026)
Highest closing price since 9 August 2006
Silver closed at $12.50 per troy ounce on 23 August 2006, up $0.253 (2.07%) from the previous close of $12.24.
This was a 2.07% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This was the strongest close of the week up to that point.
This close sat 15.82% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $6.962, making this a +79.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.50 per troy ounce on 23 August 2006. That is $0.25 higher than the previous close of $12.24, a move of 2.07%.
The silver price rose on 23 August 2006, gaining $0.25 (2.07%) against the previous session's close of $12.24.
At $12.50 per troy ounce, one gram of pure silver was worth about $0.40 on 23 August 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 49.9 on 23 August 2006, meaning one ounce of gold was worth roughly 49.9 ounces of silver.
A month before 23 August 2006, silver was around $10.78 per troy ounce, so the close of $12.50 is a gain of 15.9% over the month.
A year before 23 August 2006, silver was around $6.96 per troy ounce. The close of $12.50 therefore represents a rise of 79.5% over twelve months.
It closed 15.82% below the highest close on record up to that date, which was set on 2006-05-11.