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 2017, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 17 July 2017
Silver closed at $16.22 per troy ounce on 7 August 2017, down $0.001 (0.01%) from the previous close of $16.22.
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 was the strongest close of the week up to that point.
This close sat 66.61% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $19.78, making this a -17.99% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $16.22 per troy ounce on 7 August 2017. That is $0.00 lower than the previous close of $16.22, a move of -0.01%.
The silver price fell on 7 August 2017, losing $0.00 (0.01%) against the previous session's close of $16.22.
At $16.22 per troy ounce, one gram of pure silver was worth about $0.52 on 7 August 2017. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 77.6 on 7 August 2017, meaning one ounce of gold was worth roughly 77.6 ounces of silver.
A week before 7 August 2017, silver was around $16.75 per troy ounce, so the close of $16.22 is a loss of 3.2% over the week.
A month before 7 August 2017, silver was around $15.37 per troy ounce, so the close of $16.22 is a gain of 5.5% over the month.
A year before 7 August 2017, silver was around $19.78 per troy ounce. The close of $16.22 therefore represents a fall of 18.0% over twelve months.
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 66.61% below the highest close on record up to that date, which was set on 2011-04-29.