Distance from the record
This close sat 65.87% 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 October 2017, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 8 August 2017
Silver closed at $16.58 per troy ounce on 3 October 2017, down $0.004 (0.02%) from the previous close of $16.58.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 65.87% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $18.80, making this a -11.78% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.58 per troy ounce on 3 October 2017. That is $0.00 lower than the previous close of $16.58, a move of -0.02%.
The silver price fell on 3 October 2017, losing $0.00 (0.02%) against the previous session's close of $16.58.
At $16.58 per troy ounce, one gram of pure silver was worth about $0.53 on 3 October 2017. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 76.7 on 3 October 2017, meaning one ounce of gold was worth roughly 76.7 ounces of silver.
A month before 3 October 2017, silver was around $17.48 per troy ounce, so the close of $16.58 is a loss of 5.1% over the month.
This close was session 3 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 65.87% below the highest close on record up to that date, which was set on 2011-04-29.