Distance from the record
This close sat 70.74% 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 28 January 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $14.22 per troy ounce on 28 January 2016, down $0.224 (1.55%) from the previous close of $14.44.
This close sat 70.74% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.07, making this a -21.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $14.22 per troy ounce on 28 January 2016. That is $0.22 lower than the previous close of $14.44, a move of -1.55%.
The silver price fell on 28 January 2016, losing $0.22 (1.55%) against the previous session's close of $14.44.
At $14.22 per troy ounce, one gram of pure silver was worth about $0.46 on 28 January 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 78.5 on 28 January 2016, meaning one ounce of gold was worth roughly 78.5 ounces of silver.
A year before 28 January 2016, silver was around $18.07 per troy ounce. The close of $14.22 therefore represents a fall of 21.3% over twelve months.
It closed 70.74% below the highest close on record up to that date, which was set on 2011-04-29.