Distance from the record
This close sat 18.07% 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 September 2006, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 29 August 2006
Silver closed at $12.16 per troy ounce on 8 September 2006, down $0.400 (3.18%) from the previous close of $12.56.
Notable session: moved more than 3% in a session.
Silver lost 3.18% 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 18.07% below the highest silver close recorded up to that date, set on 2006-05-11.
Twelve months earlier silver traded around $6.966, making this a +74.61% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $12.16 per troy ounce on 8 September 2006. That is $0.40 lower than the previous close of $12.56, a move of -3.18%.
The silver price fell on 8 September 2006, losing $0.40 (3.18%) against the previous session's close of $12.56.
At $12.16 per troy ounce, one gram of pure silver was worth about $0.39 on 8 September 2006. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 50.1 on 8 September 2006, meaning one ounce of gold was worth roughly 50.1 ounces of silver.
A week before 8 September 2006, silver was around $12.90 per troy ounce, so the close of $12.16 is a loss of 5.7% over the week.
A year before 8 September 2006, silver was around $6.97 per troy ounce. The close of $12.16 therefore represents a rise of 74.6% over twelve months.
It closed 18.07% below the highest close on record up to that date, which was set on 2006-05-11.