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 28 August 2006, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 18 August 2006
Silver closed at $12.01 per troy ounce on 28 August 2006, down $0.345 (2.79%) from the previous close of $12.36.
Silver lost 2.79% 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 was the strongest close of the week up to that point.
This close sat 19.08% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $6.740, making this a +78.25% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.01 per troy ounce on 28 August 2006. That is $0.35 lower than the previous close of $12.36, a move of -2.79%.
The silver price fell on 28 August 2006, losing $0.35 (2.79%) against the previous session's close of $12.36.
At $12.01 per troy ounce, one gram of pure silver was worth about $0.39 on 28 August 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 51.2 on 28 August 2006, meaning one ounce of gold was worth roughly 51.2 ounces of silver.
A week before 28 August 2006, silver was around $12.32 per troy ounce, so the close of $12.01 is a loss of 2.5% over the week.
A month before 28 August 2006, silver was around $11.32 per troy ounce, so the close of $12.01 is a gain of 6.1% over the month.
A year before 28 August 2006, silver was around $6.74 per troy ounce. The close of $12.01 therefore represents a rise of 78.2% over twelve months.
It closed 19.08% below the highest close on record up to that date, which was set on 2006-05-11.