Distance from the record
This close sat 64.42% 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 6 October 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 9 June 2016
Silver closed at $17.29 per troy ounce on 6 October 2016, down $0.346 (1.96%) from the previous close of $17.63.
Notable session: lowest close of the month.
This close extended a run of 4 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 64.42% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.98, making this a +8.19% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $17.29 per troy ounce on 6 October 2016. That is $0.35 lower than the previous close of $17.63, a move of -1.96%.
The silver price fell on 6 October 2016, losing $0.35 (1.96%) against the previous session's close of $17.63.
At $17.29 per troy ounce, one gram of pure silver was worth about $0.56 on 6 October 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 72.3 on 6 October 2016, meaning one ounce of gold was worth roughly 72.3 ounces of silver.
A week before 6 October 2016, silver was around $19.11 per troy ounce, so the close of $17.29 is a loss of 9.6% over the week.
A month before 6 October 2016, silver was around $20.05 per troy ounce, so the close of $17.29 is a loss of 13.8% over the month.
This close was session 4 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 64.42% below the highest close on record up to that date, which was set on 2011-04-29.