Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 7 August 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $12.22 per troy ounce on 7 August 2006, down $0.217 (1.74%) from the previous close of $12.44.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 17.67% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.137, making this a +71.26% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.22 per troy ounce on 7 August 2006. That is $0.22 lower than the previous close of $12.44, a move of -1.74%.
The silver price fell on 7 August 2006, losing $0.22 (1.74%) against the previous session's close of $12.44.
At $12.22 per troy ounce, one gram of pure silver was worth about $0.39 on 7 August 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 53.0 on 7 August 2006, meaning one ounce of gold was worth roughly 53.0 ounces of silver.
A week before 7 August 2006, silver was around $11.32 per troy ounce, so the close of $12.22 is a gain of 7.9% over the week.
A month before 7 August 2006, silver was around $11.32 per troy ounce, so the close of $12.22 is a gain of 7.9% over the month.
A year before 7 August 2006, silver was around $7.14 per troy ounce. The close of $12.22 therefore represents a rise of 71.3% over twelve months.
It closed 17.67% below the highest close on record up to that date, which was set on 2006-05-11.