Distance from the record
This close sat 57.94% 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 3 August 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $20.44 per troy ounce on 3 August 2016, down $0.230 (1.11%) from the previous close of $20.67.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 57.94% 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 2 of 249 sessions.
Twelve months earlier silver traded around $14.52, making this a +40.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $20.44 per troy ounce on 3 August 2016. That is $0.23 lower than the previous close of $20.67, a move of -1.11%.
The silver price fell on 3 August 2016, losing $0.23 (1.11%) against the previous session's close of $20.67.
At $20.44 per troy ounce, one gram of pure silver was worth about $0.66 on 3 August 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 66.4 on 3 August 2016, meaning one ounce of gold was worth roughly 66.4 ounces of silver.
A week before 3 August 2016, silver was around $19.97 per troy ounce, so the close of $20.44 is a gain of 2.4% over the week.
A year before 3 August 2016, silver was around $14.52 per troy ounce. The close of $20.44 therefore represents a rise of 40.8% over twelve months.
It closed 57.94% below the highest close on record up to that date, which was set on 2011-04-29.