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Silver · 2016

Silver price in 2016

In 2016, silver averaged $17.14 per troy ounce ($0.551 per gram) and rose 16.0% from $14.00 to $16.24. The high was $20.71 on 2016-08-02 and the low $13.58 on 2016-01-28.

Average

$17.14

Open → close

$14.00 → $16.24

High

$20.71

Low

$13.58

Month 2016Avg / ozAvg / gram
Jan$14.02$0.4506
Feb$15.07$0.4845
Mar$15.42$0.4958
Apr$16.26$0.5227
May$16.89$0.543
Jun$17.18$0.5524
Jul$19.93$0.6407
Aug$19.64$0.6315
Sep$19.29$0.62
Oct$17.74$0.5703
Nov$17.42$0.5599
Dec$16.38$0.5266

2016 at a glance

The range between the year's low and high was $7.13, or 52.5% of the low – a measure of how volatile silver was in 2016.

Compared with 2015, the average price increased by 9.3%, from $15.68 to $17.14 per ounce.

For a 1-kilogram silver bar, the average 2016 value was $550.99. A gram of sterling silver (925) averaged $0.5097.

Compare with today on the live silver price page.

Other years

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FAQ

Silver price 2016 FAQ

What was the silver price in 2016?
Silver averaged $17.14 per troy ounce in 2016, or $0.551 per gram. It opened at $14.00 and closed at $16.24.
What was the highest silver price in 2016?
The highest daily silver price in 2016 was $20.71 per ounce on 2016-08-02. The lowest was $13.58 on 2016-01-28.
Did silver go up in 2016?
From the first to the last trading day of 2016, silver rose 16.0% in US dollars.
How did 2016 compare with 2015?
The average silver price in 2016 was +9.3% compared with the 2015 average of $15.68 per ounce.

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