Distance from the record
This close sat 15.38% 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 September 2006, not the current price.See today's silver price (11 September 2026)
Silver falls 3.8% in a single session
Silver closed at $12.56 per troy ounce on 7 September 2006, down $0.502 (3.84%) from the previous close of $13.06.
Notable session: moved more than 3% in a session.
Silver lost 3.84% 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 15.38% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.051, making this a +78.17% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.56 per troy ounce on 7 September 2006. That is $0.50 lower than the previous close of $13.06, a move of -3.84%.
The silver price fell on 7 September 2006, losing $0.50 (3.84%) against the previous session's close of $13.06.
At $12.56 per troy ounce, one gram of pure silver was worth about $0.40 on 7 September 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 49.1 on 7 September 2006, meaning one ounce of gold was worth roughly 49.1 ounces of silver.
A week before 7 September 2006, silver was around $12.90 per troy ounce, so the close of $12.56 is a loss of 2.6% over the week.
A year before 7 September 2006, silver was around $7.05 per troy ounce. The close of $12.56 therefore represents a rise of 78.2% over twelve months.
It closed 15.38% below the highest close on record up to that date, which was set on 2006-05-11.