Distance from the record
This close sat 63.70% 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 5 October 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 23 June 2016
Silver closed at $17.63 per troy ounce on 5 October 2016, down $0.079 (0.45%) from the previous close of $17.71.
This close extended a run of 3 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 63.70% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.70, making this a +12.30% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.63 per troy ounce on 5 October 2016. That is $0.08 lower than the previous close of $17.71, a move of -0.45%.
The silver price fell on 5 October 2016, losing $0.08 (0.45%) against the previous session's close of $17.71.
At $17.63 per troy ounce, one gram of pure silver was worth about $0.57 on 5 October 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 71.7 on 5 October 2016, meaning one ounce of gold was worth roughly 71.7 ounces of silver.
A week before 5 October 2016, silver was around $19.04 per troy ounce, so the close of $17.63 is a loss of 7.4% over the week.
A month before 5 October 2016, silver was around $19.28 per troy ounce, so the close of $17.63 is a loss of 8.5% over the month.
A year before 5 October 2016, silver was around $15.70 per troy ounce. The close of $17.63 therefore represents a rise of 12.3% 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 63.70% below the highest close on record up to that date, which was set on 2011-04-29.