Distance from the record
This close sat 63.54% 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 4 October 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 23 June 2016
Silver closed at $17.71 per troy ounce on 4 October 2016, down $1.082 (5.76%) from the previous close of $18.80.
Notable session: moved more than 3% in a session.
Silver lost 5.76% 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 63.54% 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 +16.10% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.71 per troy ounce on 4 October 2016. That is $1.08 lower than the previous close of $18.80, a move of -5.76%.
The silver price fell on 4 October 2016, losing $1.08 (5.76%) against the previous session's close of $18.80.
At $17.71 per troy ounce, one gram of pure silver was worth about $0.57 on 4 October 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.5 on 4 October 2016, meaning one ounce of gold was worth roughly 71.5 ounces of silver.
A week before 4 October 2016, silver was around $19.09 per troy ounce, so the close of $17.71 is a loss of 7.2% over the week.
A month before 4 October 2016, silver was around $19.28 per troy ounce, so the close of $17.71 is a loss of 8.1% over the month.
A year before 4 October 2016, silver was around $15.26 per troy ounce. The close of $17.71 therefore represents a rise of 16.1% over twelve months.
It closed 63.54% below the highest close on record up to that date, which was set on 2011-04-29.