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 July 2016, not the current price.See today's silver price (11 September 2026)
Highest closing price since 13 July 2016
Silver closed at $20.31 per troy ounce on 29 July 2016, up $0.152 (0.75%) from the previous close of $20.16.
This close extended a run of 4 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 58.19% below the highest silver close recorded up to that date, set on 2011-04-29.
One of the ten highest silver closes of that year, ranking 5 of 249 sessions.
Twelve months earlier silver traded around $14.73, making this a +37.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $20.31 per troy ounce on 29 July 2016. That is $0.15 higher than the previous close of $20.16, a move of 0.75%.
The silver price rose on 29 July 2016, gaining $0.15 (0.75%) against the previous session's close of $20.16.
At $20.31 per troy ounce, one gram of pure silver was worth about $0.65 on 29 July 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 66.4 on 29 July 2016, meaning one ounce of gold was worth roughly 66.4 ounces of silver.
A week before 29 July 2016, silver was around $19.66 per troy ounce, so the close of $20.31 is a gain of 3.3% over the week.
A month before 29 July 2016, silver was around $18.36 per troy ounce, so the close of $20.31 is a gain of 10.6% over the month.
A year before 29 July 2016, silver was around $14.73 per troy ounce. The close of $20.31 therefore represents a rise of 37.9% over twelve months.
This close was session 4 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 58.19% below the highest close on record up to that date, which was set on 2011-04-29.