Distance from the record
This close sat 27.89% 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 4 October 2006, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 29 June 2006
Silver closed at $10.70 per troy ounce on 4 October 2006, down $0.250 (2.28%) from the previous close of $10.95.
Notable session: lowest close of the month.
Silver lost 2.28% 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 27.89% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.375, making this a +45.15% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $10.70 per troy ounce on 4 October 2006. That is $0.25 lower than the previous close of $10.95, a move of -2.28%.
The silver price fell on 4 October 2006, losing $0.25 (2.28%) against the previous session's close of $10.95.
At $10.70 per troy ounce, one gram of pure silver was worth about $0.34 on 4 October 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.5 on 4 October 2006, meaning one ounce of gold was worth roughly 52.5 ounces of silver.
A week before 4 October 2006, silver was around $11.60 per troy ounce, so the close of $10.70 is a loss of 7.7% over the week.
A month before 4 October 2006, silver was around $12.91 per troy ounce, so the close of $10.70 is a loss of 17.1% over the month.
A year before 4 October 2006, silver was around $7.38 per troy ounce. The close of $10.70 therefore represents a rise of 45.2% over twelve months.
It closed 27.89% below the highest close on record up to that date, which was set on 2006-05-11.