Distance from the record
This close sat 60.71% 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 27 September 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 16 September 2016
Silver closed at $19.09 per troy ounce on 27 September 2016, down $0.429 (2.20%) from the previous close of $19.52.
Silver lost 2.20% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 60.71% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.11, making this a +26.35% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $19.09 per troy ounce on 27 September 2016. That is $0.43 lower than the previous close of $19.52, a move of -2.20%.
The silver price fell on 27 September 2016, losing $0.43 (2.20%) against the previous session's close of $19.52.
At $19.09 per troy ounce, one gram of pure silver was worth about $0.61 on 27 September 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 69.5 on 27 September 2016, meaning one ounce of gold was worth roughly 69.5 ounces of silver.
A year before 27 September 2016, silver was around $15.11 per troy ounce. The close of $19.09 therefore represents a rise of 26.4% over twelve months.
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 60.71% below the highest close on record up to that date, which was set on 2011-04-29.