Distance from the record
This close sat 17.69% below the highest silver close recorded up to that date, set on 2006-05-11.
This page is a historical record of the silver price in 8 August 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $12.22 per troy ounce on 8 August 2006, down $0.003 (0.02%) from the previous close of $12.22.
Silver barely moved, closing within 0.02% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 17.69% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $6.996, making this a +74.67% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.22 per troy ounce on 8 August 2006. That is $0.00 lower than the previous close of $12.22, a move of -0.02%.
The silver price fell on 8 August 2006, losing $0.00 (0.02%) against the previous session's close of $12.22.
At $12.22 per troy ounce, one gram of pure silver was worth about $0.39 on 8 August 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 52.8 on 8 August 2006, meaning one ounce of gold was worth roughly 52.8 ounces of silver.
A week before 8 August 2006, silver was around $12.90 per troy ounce, so the close of $12.22 is a loss of 5.3% over the week.
A month before 8 August 2006, silver was around $11.32 per troy ounce, so the close of $12.22 is a gain of 7.9% over the month.
A year before 8 August 2006, silver was around $7.00 per troy ounce. The close of $12.22 therefore represents a rise of 74.7% over twelve months.
It closed 17.69% below the highest close on record up to that date, which was set on 2006-05-11.