Distance from the record
This close sat 70.71% 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 29 January 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $14.23 per troy ounce on 29 January 2016, up $0.013 (0.09%) from the previous close of $14.22.
Silver barely moved, closing within 0.09% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 70.71% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $16.76, making this a -15.09% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $14.23 per troy ounce on 29 January 2016. That is $0.01 higher than the previous close of $14.22, a move of 0.09%.
The silver price rose on 29 January 2016, gaining $0.01 (0.09%) against the previous session's close of $14.22.
At $14.23 per troy ounce, one gram of pure silver was worth about $0.46 on 29 January 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 78.5 on 29 January 2016, meaning one ounce of gold was worth roughly 78.5 ounces of silver.
A year before 29 January 2016, silver was around $16.76 per troy ounce. The close of $14.23 therefore represents a fall of 15.1% over twelve months.
It closed 70.71% below the highest close on record up to that date, which was set on 2011-04-29.