Distance from the record
This close sat 26.04% 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 5 October 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $10.98 per troy ounce on 5 October 2006, up $0.275 (2.57%) from the previous close of $10.70.
This was a 2.57% move in one session — well beyond a typical day for silver. Moves this size are usually a reaction to something specific rather than ordinary drift, so the surrounding news is worth checking alongside the number.
This close sat 26.04% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.428, making this a +47.82% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $10.98 per troy ounce on 5 October 2006. That is $0.27 higher than the previous close of $10.70, a move of 2.57%.
The silver price rose on 5 October 2006, gaining $0.27 (2.57%) against the previous session's close of $10.70.
At $10.98 per troy ounce, one gram of pure silver was worth about $0.35 on 5 October 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.0 on 5 October 2006, meaning one ounce of gold was worth roughly 52.0 ounces of silver.
A week before 5 October 2006, silver was around $11.65 per troy ounce, so the close of $10.98 is a loss of 5.7% over the week.
A month before 5 October 2006, silver was around $13.01 per troy ounce, so the close of $10.98 is a loss of 15.6% over the month.
A year before 5 October 2006, silver was around $7.43 per troy ounce. The close of $10.98 therefore represents a rise of 47.8% over twelve months.
It closed 26.04% below the highest close on record up to that date, which was set on 2006-05-11.