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 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $18.91 per troy ounce on 23 August 2016, up $0.067 (0.36%) from the previous close of $18.84.
This was the strongest close of the week up to that point.
This close sat 61.08% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.30, making this a +23.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.91 per troy ounce on 23 August 2016. That is $0.07 higher than the previous close of $18.84, a move of 0.36%.
The silver price rose on 23 August 2016, gaining $0.07 (0.36%) against the previous session's close of $18.84.
At $18.91 per troy ounce, one gram of pure silver was worth about $0.61 on 23 August 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 70.9 on 23 August 2016, meaning one ounce of gold was worth roughly 70.9 ounces of silver.
A week before 23 August 2016, silver was around $19.85 per troy ounce, so the close of $18.91 is a loss of 4.7% over the week.
A year before 23 August 2016, silver was around $15.30 per troy ounce. The close of $18.91 therefore represents a rise of 23.6% over twelve months.
It closed 61.08% below the highest close on record up to that date, which was set on 2011-04-29.