Distance from the record
This close sat 23.72% below the highest silver close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the silver price in 7 July 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $11.32 per troy ounce on 7 July 2006, down $0.182 (1.58%) from the previous close of $11.51.
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 close sat 23.72% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $6.949, making this a +62.97% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.32 per troy ounce on 7 July 2006. That is $0.18 lower than the previous close of $11.51, a move of -1.58%.
The silver price fell on 7 July 2006, losing $0.18 (1.58%) against the previous session's close of $11.51.
At $11.32 per troy ounce, one gram of pure silver was worth about $0.36 on 7 July 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 55.9 on 7 July 2006, meaning one ounce of gold was worth roughly 55.9 ounces of silver.
A week before 7 July 2006, silver was around $10.91 per troy ounce, so the close of $11.32 is a gain of 3.8% over the week.
A year before 7 July 2006, silver was around $6.95 per troy ounce. The close of $11.32 therefore represents a rise of 63.0% over twelve months.
It closed 23.72% below the highest close on record up to that date, which was set on 2006-05-11.