Highest so far that month
No earlier session that month closed above this level.
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This page is a historical record of the silver price in 3 October 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 16 September 2016
Silver closed at $18.80 per troy ounce on 3 October 2016, down $0.344 (1.80%) from the previous close of $19.14.
Notable session: highest close of the month.
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.
No earlier session that month closed above this level.
This close sat 61.31% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.26, making this a +23.19% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.80 per troy ounce on 3 October 2016. That is $0.34 lower than the previous close of $19.14, a move of -1.80%.
The silver price fell on 3 October 2016, losing $0.34 (1.80%) against the previous session's close of $19.14.
At $18.80 per troy ounce, one gram of pure silver was worth about $0.60 on 3 October 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 69.6 on 3 October 2016, meaning one ounce of gold was worth roughly 69.6 ounces of silver.
A week before 3 October 2016, silver was around $19.52 per troy ounce, so the close of $18.80 is a loss of 3.7% over the week.
A year before 3 October 2016, silver was around $15.26 per troy ounce. The close of $18.80 therefore represents a rise of 23.2% over twelve months.
It closed 61.31% below the highest close on record up to that date, which was set on 2011-04-29.