Distance from the record
This close sat 67.68% 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 23 December 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 8 April 2016
Silver closed at $15.70 per troy ounce on 23 December 2016, down $0.111 (0.70%) from the previous close of $15.81.
Notable session: lowest close of the month.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 67.68% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.28, making this a +10.00% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $15.70 per troy ounce on 23 December 2016. That is $0.11 lower than the previous close of $15.81, a move of -0.70%.
The silver price fell on 23 December 2016, losing $0.11 (0.70%) against the previous session's close of $15.81.
At $15.70 per troy ounce, one gram of pure silver was worth about $0.50 on 23 December 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.1 on 23 December 2016, meaning one ounce of gold was worth roughly 72.1 ounces of silver.
A week before 23 December 2016, silver was around $16.15 per troy ounce, so the close of $15.70 is a loss of 2.8% over the week.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 67.68% below the highest close on record up to that date, which was set on 2011-04-29.