Distance from the record
This close sat 61.76% 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 30 August 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $18.58 per troy ounce on 30 August 2016, down $0.185 (0.99%) from the previous close of $18.76.
This close sat 61.76% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.53, making this a +27.81% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.58 per troy ounce on 30 August 2016. That is $0.18 lower than the previous close of $18.76, a move of -0.99%.
The silver price fell on 30 August 2016, losing $0.18 (0.99%) against the previous session's close of $18.76.
At $18.58 per troy ounce, one gram of pure silver was worth about $0.60 on 30 August 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 70.6 on 30 August 2016, meaning one ounce of gold was worth roughly 70.6 ounces of silver.
A month before 30 August 2016, silver was around $20.31 per troy ounce, so the close of $18.58 is a loss of 8.5% over the month.
A year before 30 August 2016, silver was around $14.53 per troy ounce. The close of $18.58 therefore represents a rise of 27.8% over twelve months.
It closed 61.76% below the highest close on record up to that date, which was set on 2011-04-29.