Distance from the record
This close sat 59.33% below the highest silver close recorded up to that date, set on 2011-04-29.
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This page is a historical record of the silver price in 7 September 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $19.76 per troy ounce on 7 September 2016, down $0.290 (1.45%) from the previous close of $20.05.
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 59.33% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.54, making this a +35.86% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $19.76 per troy ounce on 7 September 2016. That is $0.29 lower than the previous close of $20.05, a move of -1.45%.
The silver price fell on 7 September 2016, losing $0.29 (1.45%) against the previous session's close of $20.05.
At $19.76 per troy ounce, one gram of pure silver was worth about $0.64 on 7 September 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 68.0 on 7 September 2016, meaning one ounce of gold was worth roughly 68.0 ounces of silver.
A week before 7 September 2016, silver was around $18.62 per troy ounce, so the close of $19.76 is a gain of 6.1% over the week.
A year before 7 September 2016, silver was around $14.54 per troy ounce. The close of $19.76 therefore represents a rise of 35.9% over twelve months.
It closed 59.33% below the highest close on record up to that date, which was set on 2011-04-29.