Distance from the record
This close sat 19.07% 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 27 October 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $12.02 per troy ounce on 27 October 2006, down $0.155 (1.27%) from the previous close of $12.17.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 19.07% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.802, making this a +54.00% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.02 per troy ounce on 27 October 2006. That is $0.15 lower than the previous close of $12.17, a move of -1.27%.
The silver price fell on 27 October 2006, losing $0.15 (1.27%) against the previous session's close of $12.17.
At $12.02 per troy ounce, one gram of pure silver was worth about $0.39 on 27 October 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 49.8 on 27 October 2006, meaning one ounce of gold was worth roughly 49.8 ounces of silver.
A year before 27 October 2006, silver was around $7.80 per troy ounce. The close of $12.02 therefore represents a rise of 54.0% over twelve months.
It closed 19.07% below the highest close on record up to that date, which was set on 2006-05-11.