Distance from the record
This close sat 71.37% 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 8 January 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $13.91 per troy ounce on 8 January 2016, down $0.427 (2.98%) from the previous close of $14.34.
Silver lost 2.98% 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 71.37% below the highest silver close recorded up to that date, set on 2011-04-29.
One of the ten lowest silver closes of that year, ranking 244 of 249 sessions.
Twelve months earlier silver traded around $16.35, making this a -14.94% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $13.91 per troy ounce on 8 January 2016. That is $0.43 lower than the previous close of $14.34, a move of -2.98%.
The silver price fell on 8 January 2016, losing $0.43 (2.98%) against the previous session's close of $14.34.
At $13.91 per troy ounce, one gram of pure silver was worth about $0.45 on 8 January 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 78.9 on 8 January 2016, meaning one ounce of gold was worth roughly 78.9 ounces of silver.
A week before 8 January 2016, silver was around $14.23 per troy ounce, so the close of $13.91 is a loss of 2.3% over the week.
A year before 8 January 2016, silver was around $16.35 per troy ounce. The close of $13.91 therefore represents a fall of 14.9% over twelve months.
It closed 71.37% below the highest close on record up to that date, which was set on 2011-04-29.