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 November 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $18.33 per troy ounce on 8 November 2016, up $0.206 (1.14%) from the previous close of $18.12.
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 was the strongest close of the week up to that point.
This close sat 62.27% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $14.70, making this a +24.73% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $18.33 per troy ounce on 8 November 2016. That is $0.21 higher than the previous close of $18.12, a move of 1.14%.
The silver price rose on 8 November 2016, gaining $0.21 (1.14%) against the previous session's close of $18.12.
At $18.33 per troy ounce, one gram of pure silver was worth about $0.59 on 8 November 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 69.5 on 8 November 2016, meaning one ounce of gold was worth roughly 69.5 ounces of silver.
A week before 8 November 2016, silver was around $16.41 per troy ounce, so the close of $18.33 is a gain of 11.7% over the week.
A month before 8 November 2016, silver was around $17.32 per troy ounce, so the close of $18.33 is a gain of 5.8% over the month.
A year before 8 November 2016, silver was around $14.70 per troy ounce. The close of $18.33 therefore represents a rise of 24.7% over twelve months.
It closed 62.27% below the highest close on record up to that date, which was set on 2011-04-29.