Distance from the record
This close sat 3.22% below the highest silver close recorded up to that date, set on 2006-01-04.
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This page is a historical record of the silver price in 5 January 2006, not the current price.See today's silver price (11 September 2026)
Silver falls 3.2% in a single session
Silver closed at $8.809 per troy ounce on 5 January 2006, down $0.293 (3.22%) from the previous close of $9.102.
Notable session: lowest close of the year; lowest close of the month; moved more than 3% in a session.
Silver lost 3.22% 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 3.22% below the highest silver close recorded up to that date, set on 2006-01-04.
One of the ten lowest silver closes of that year, ranking 245 of 245 sessions.
Twelve months earlier silver traded around $6.512, making this a +35.27% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $8.81 per troy ounce on 5 January 2006. That is $0.29 lower than the previous close of $9.10, a move of -3.22%.
The silver price fell on 5 January 2006, losing $0.29 (3.22%) against the previous session's close of $9.10.
At $8.81 per troy ounce, one gram of pure silver was worth about $0.28 on 5 January 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.7 on 5 January 2006, meaning one ounce of gold was worth roughly 59.7 ounces of silver.
A year before 5 January 2006, silver was around $6.51 per troy ounce. The close of $8.81 therefore represents a rise of 35.3% over twelve months.
It closed 3.22% below the highest close on record up to that date, which was set on 2006-01-04.