Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 8 August 2016, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 26 July 2016
Silver closed at $19.77 per troy ounce on 8 August 2016, down $0.012 (0.06%) from the previous close of $19.78.
This close extended a run of 4 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This was the strongest close of the week up to that point.
This close sat 59.31% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.82, making this a +33.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $19.77 per troy ounce on 8 August 2016. That is $0.01 lower than the previous close of $19.78, a move of -0.06%.
The silver price fell on 8 August 2016, losing $0.01 (0.06%) against the previous session's close of $19.78.
At $19.77 per troy ounce, one gram of pure silver was worth about $0.64 on 8 August 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.5 on 8 August 2016, meaning one ounce of gold was worth roughly 67.5 ounces of silver.
A week before 8 August 2016, silver was around $20.31 per troy ounce, so the close of $19.77 is a loss of 2.7% over the week.
A year before 8 August 2016, silver was around $14.82 per troy ounce. The close of $19.77 therefore represents a rise of 33.4% over twelve months.
This close was session 4 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 59.31% below the highest close on record up to that date, which was set on 2011-04-29.