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 29 December 2016, not the current price.See today's silver price (11 September 2026)
Highest closing price since 14 December 2016
Silver closed at $16.16 per troy ounce on 29 December 2016, up $0.175 (1.09%) from the previous close of $15.99.
This close extended a run of 3 consecutive sessions of gains. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 66.73% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $13.92, making this a +16.14% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.16 per troy ounce on 29 December 2016. That is $0.18 higher than the previous close of $15.99, a move of 1.09%.
The silver price rose on 29 December 2016, gaining $0.18 (1.09%) against the previous session's close of $15.99.
At $16.16 per troy ounce, one gram of pure silver was worth about $0.52 on 29 December 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.5 on 29 December 2016, meaning one ounce of gold was worth roughly 71.5 ounces of silver.
A week before 29 December 2016, silver was around $15.81 per troy ounce, so the close of $16.16 is a gain of 2.2% over the week.
A year before 29 December 2016, silver was around $13.92 per troy ounce. The close of $16.16 therefore represents a rise of 16.1% over twelve months.
This close was session 3 of a consecutive run of gains. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 66.73% below the highest close on record up to that date, which was set on 2011-04-29.