Distance from the record
This close sat 59.29% below the highest silver close recorded up to that date, set on 2011-04-29.
Loading…
This page is a historical record of the silver price in 5 August 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 26 July 2016
Silver closed at $19.78 per troy ounce on 5 August 2016, down $0.626 (3.07%) from the previous close of $20.41.
Notable session: moved more than 3% in a session.
Silver lost 3.07% 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 59.29% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.55, making this a +35.98% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $19.78 per troy ounce on 5 August 2016. That is $0.63 lower than the previous close of $20.41, a move of -3.07%.
The silver price fell on 5 August 2016, losing $0.63 (3.07%) against the previous session's close of $20.41.
At $19.78 per troy ounce, one gram of pure silver was worth about $0.64 on 5 August 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.6 on 5 August 2016, meaning one ounce of gold was worth roughly 67.6 ounces of silver.
A week before 5 August 2016, silver was around $20.31 per troy ounce, so the close of $19.78 is a loss of 2.6% over the week.
A year before 5 August 2016, silver was around $14.55 per troy ounce. The close of $19.78 therefore represents a rise of 36.0% over twelve months.
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 59.29% below the highest close on record up to that date, which was set on 2011-04-29.