Distance from the record
This close sat 15.76% below the highest silver close recorded up to that date, set on 2006-05-11.
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This page is a historical record of the silver price in 8 November 2006, not the current price.See today's silver price (11 September 2026)
Silver closed at $12.51 per troy ounce on 8 November 2006, down $0.121 (0.96%) from the previous close of $12.63.
Notable session: lowest close of the month.
This close sat 15.76% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $7.601, making this a +64.54% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.51 per troy ounce on 8 November 2006. That is $0.12 lower than the previous close of $12.63, a move of -0.96%.
The silver price fell on 8 November 2006, losing $0.12 (0.96%) against the previous session's close of $12.63.
At $12.51 per troy ounce, one gram of pure silver was worth about $0.40 on 8 November 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 49.3 on 8 November 2006, meaning one ounce of gold was worth roughly 49.3 ounces of silver.
A week before 8 November 2006, silver was around $13.93 per troy ounce, so the close of $12.51 is a loss of 10.2% over the week.
A month before 8 November 2006, silver was around $11.09 per troy ounce, so the close of $12.51 is a gain of 12.8% over the month.
A year before 8 November 2006, silver was around $7.60 per troy ounce. The close of $12.51 therefore represents a rise of 64.5% over twelve months.
It closed 15.76% below the highest close on record up to that date, which was set on 2006-05-11.