Distance from the record
This close sat 62.16% 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 November 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $18.38 per troy ounce on 3 November 2016, down $0.277 (1.48%) from the previous close of $18.66.
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 62.16% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.24, making this a +20.59% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.38 per troy ounce on 3 November 2016. That is $0.28 lower than the previous close of $18.66, a move of -1.48%.
The silver price fell on 3 November 2016, losing $0.28 (1.48%) against the previous session's close of $18.66.
At $18.38 per troy ounce, one gram of pure silver was worth about $0.59 on 3 November 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 70.8 on 3 November 2016, meaning one ounce of gold was worth roughly 70.8 ounces of silver.
A week before 3 November 2016, silver was around $17.60 per troy ounce, so the close of $18.38 is a gain of 4.4% over the week.
A year before 3 November 2016, silver was around $15.24 per troy ounce. The close of $18.38 therefore represents a rise of 20.6% over twelve months.
It closed 62.16% below the highest close on record up to that date, which was set on 2011-04-29.