Distance from the record
This close sat 26.21% below the highest silver close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the silver price in 3 October 2006, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 19 September 2006
Silver closed at $10.95 per troy ounce on 3 October 2006, down $0.595 (5.15%) from the previous close of $11.55.
Notable session: moved more than 3% in a session.
Silver lost 5.15% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 26.21% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.403, making this a +47.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $10.95 per troy ounce on 3 October 2006. That is $0.60 lower than the previous close of $11.55, a move of -5.15%.
The silver price fell on 3 October 2006, losing $0.60 (5.15%) against the previous session's close of $11.55.
At $10.95 per troy ounce, one gram of pure silver was worth about $0.35 on 3 October 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.6 on 3 October 2006, meaning one ounce of gold was worth roughly 52.6 ounces of silver.
A week before 3 October 2006, silver was around $11.40 per troy ounce, so the close of $10.95 is a loss of 3.9% over the week.
A month before 3 October 2006, silver was around $12.90 per troy ounce, so the close of $10.95 is a loss of 15.1% over the month.
A year before 3 October 2006, silver was around $7.40 per troy ounce. The close of $10.95 therefore represents a rise of 48.0% over twelve months.
It closed 26.21% below the highest close on record up to that date, which was set on 2006-05-11.