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 31 October 2006, not the current price.See today's silver price (11 September 2026)
Highest closing price since 7 September 2006
Silver closed at $12.21 per troy ounce on 31 October 2006, up $0.017 (0.14%) from the previous close of $12.19.
Notable session: highest close of the month.
Silver barely moved, closing within 0.14% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
No earlier session that month closed above this level.
This close sat 17.74% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.550, making this a +61.75% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.21 per troy ounce on 31 October 2006. That is $0.02 higher than the previous close of $12.19, a move of 0.14%.
The silver price rose on 31 October 2006, gaining $0.02 (0.14%) against the previous session's close of $12.19.
At $12.21 per troy ounce, one gram of pure silver was worth about $0.39 on 31 October 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 49.5 on 31 October 2006, meaning one ounce of gold was worth roughly 49.5 ounces of silver.
A week before 31 October 2006, silver was around $11.78 per troy ounce, so the close of $12.21 is a gain of 3.7% over the week.
A month before 31 October 2006, silver was around $11.45 per troy ounce, so the close of $12.21 is a gain of 6.7% over the month.
A year before 31 October 2006, silver was around $7.55 per troy ounce. The close of $12.21 therefore represents a rise of 61.7% over twelve months.
It closed 17.74% below the highest close on record up to that date, which was set on 2006-05-11.