Distance from the record
This close sat 58.71% 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 July 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $20.06 per troy ounce on 8 July 2016, up $0.260 (1.31%) from the previous close of $19.80.
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 58.71% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.15, making this a +32.42% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $20.06 per troy ounce on 8 July 2016. That is $0.26 higher than the previous close of $19.80, a move of 1.31%.
The silver price rose on 8 July 2016, gaining $0.26 (1.31%) against the previous session's close of $19.80.
At $20.06 per troy ounce, one gram of pure silver was worth about $0.64 on 8 July 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 67.6 on 8 July 2016, meaning one ounce of gold was worth roughly 67.6 ounces of silver.
A month before 8 July 2016, silver was around $16.97 per troy ounce, so the close of $20.06 is a gain of 18.2% over the month.
A year before 8 July 2016, silver was around $15.15 per troy ounce. The close of $20.06 therefore represents a rise of 32.4% over twelve months.
It closed 58.71% below the highest close on record up to that date, which was set on 2011-04-29.