Distance from the record
This close sat 4.77% below the highest silver close recorded up to that date, set on 2006-01-31.
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This page is a historical record of the silver price in 7 February 2006, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 24 January 2006
Silver closed at $9.380 per troy ounce on 7 February 2006, down $0.348 (3.58%) from the previous close of $9.728.
Notable session: moved more than 3% in a session.
Silver lost 3.58% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 4.77% below the highest silver close recorded up to that date, set on 2006-01-31.
Twelve months earlier silver traded around $6.545, making this a +43.32% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $9.38 per troy ounce on 7 February 2006. That is $0.35 lower than the previous close of $9.73, a move of -3.58%.
The silver price fell on 7 February 2006, losing $0.35 (3.58%) against the previous session's close of $9.73.
At $9.38 per troy ounce, one gram of pure silver was worth about $0.30 on 7 February 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 58.7 on 7 February 2006, meaning one ounce of gold was worth roughly 58.7 ounces of silver.
A week before 7 February 2006, silver was around $9.85 per troy ounce, so the close of $9.38 is a loss of 4.8% over the week.
A year before 7 February 2006, silver was around $6.55 per troy ounce. The close of $9.38 therefore represents a rise of 43.3% 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 4.77% below the highest close on record up to that date, which was set on 2006-01-31.