Silver Price in November 2006
In November 2006, silver rose 14.0%, from $12.21 at the end of October to $13.93 per troy ounce on November 30, 2006. The highest close was $13.93 on November 30, 2006, the lowest $12.42 on November 1, 2006, and the average over 20 trading days was $12.96. Today's price is 287.7% higher than the November 2006 close.
- Silver rose 14.0% in US dollars in November 2006, leaving it up 57.9% for the year to date.
- Measured in other currencies, the change ranged from +9.9% in EUR to +16.3% in MXN, because exchange rates moved too.
- It did better than gold (+7.1%) and US stocks (+1.9%).
- It closed higher on 12 trading days and lower on 8, with an average daily move of 1.24%.
- At the end of the month it was 6.2% below its highest close since 2000.
- Gold/silver ratio: 49.5 → 46.5.
Silver price chart, November 2006
US dollars per troy ounce · daily closeSilver in other currencies, November 2006
| Currency | Change in the month |
|---|---|
| MXN | +16.3% |
| CAD | +16.1% |
| PKR | +14.7% |
| TRY | +13.8% |
| CNY | +13.4% |
| INR | +13.3% |
| JPY | +12.9% |
| AUD | +12.1% |
| GBP | +10.7% |
| ZAR | +10.3% |
| EUR | +9.9% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes silver rise more in local terms.
Silver vs other assets, November 2006
| Asset | Change (USD) |
|---|---|
| Silver | +14.0% |
| Gold | +7.1% |
| S&P 500 (with dividends) | +1.9% |
| US inflation (CPI, month) | −0.15% |
| Silver, year to date (end of November) | +57.9% |
| Gold/silver ratio | 49.5 → 46.5 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Silver Prices, November 2006
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 999 India, ₹ per kg | UAE, AED per kg |
|---|---|---|---|---|---|
| Nov 1Wed | $12.42 | +1.68% | $0.40 | ₹17,850 | AED 1,465.92 |
| Nov 2Thu | $12.60 | +1.46% | $0.41 | ₹18,153 | AED 1,486.64 |
| Nov 3Fri | $12.59 | −0.10% | $0.40 | ₹18,127 | AED 1,485.79 |
| Nov 6Mon | $12.71 | +1.02% | $0.41 | ₹18,316 | AED 1,500.91 |
| Nov 7Tue | $12.63 | −0.67% | $0.41 | ₹18,171 | AED 1,490.87 |
| Nov 8Wed | $12.51 | −0.96% | $0.40 | ₹17,940 | AED 1,476.59 |
| Nov 9Thu | $13.01 | +4.02% | $0.42 | ₹18,594 | AED 1,535.97 |
| Nov 10Fri | $13.08 | +0.51% | $0.42 | ₹18,756 | AED 1,543.88 |
| Nov 13Mon | $12.86 | −1.70% | $0.41 | ₹18,517 | AED 1,517.63 |
| Nov 14Tue | $12.86 | +0.05% | $0.41 | ₹18,644 | AED 1,518.21 |
| Nov 15Wed | $12.92 | +0.44% | $0.42 | ₹18,768 | AED 1,524.99 |
| Nov 16Thu | $12.92 | +0.04% | $0.42 | ₹18,600 | AED 1,525.54 |
| Nov 17Fri | $12.78 | −1.11% | $0.41 | ₹18,395 | AED 1,508.70 |
| Nov 20Mon | $12.72 | −0.45% | $0.41 | ₹18,378 | AED 1,501.85 |
| Nov 21Tue | $13.07 | +2.76% | $0.42 | ₹18,869 | AED 1,543.29 |
| Nov 22Wed | $13.03 | −0.32% | $0.42 | ₹18,673 | AED 1,538.33 |
| Nov 27Mon | $13.49 | +3.49% | $0.43 | ₹19,333 | AED 1,591.40 |
| Nov 28Tue | $13.62 | +1.00% | $0.44 | ₹19,530 | AED 1,607.94 |
| Nov 29Wed | $13.57 | −0.40% | $0.44 | ₹19,459 | AED 1,601.48 |
| Nov 30Thu | $13.93 | +2.65% | $0.45 | ₹19,945 | AED 1,643.86 |
How November usually goes for silver
In the 20 years from 2006 to 2025, silver rose in November 8 times out of 20, with an average move of +1.5% and a median of −2.2%.
Silver in November 2006: FAQ
What was the price of silver in November 2006?
Silver traded between $12.42 and $13.93 per troy ounce (daily closes) in November 2006, averaging $12.96. It closed the month at $13.93.
How much did silver go up in November 2006?
Silver rose 14.0%, from $12.21 to $13.93. The biggest daily rise was +4.0% on November 9, 2006 and the biggest fall −1.7% on November 13, 2006.
What was the silver price on November 1, 2006?
Silver closed at $12.42 per troy ounce on November 1, 2006, the first trading day of the month. 999 India, ₹ per kg: ₹17,850.
Is November usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in November 8 times out of 20, with an average move of +1.5% and a median of −2.2%. Past seasonal patterns are not a reliable guide to any single year.
How much did silver change in rupees in November 2006?
Silver rose 13.3% in Indian rupee terms in November 2006, compared with +14.0% in US dollars.
Did silver beat stocks in November 2006?
Yes. Silver was +14.0% for the month, against +1.9% for the S&P 500 with dividends.
Did silver keep up with inflation in November 2006?
US consumer prices (CPI) changed −0.15% in November, so silver's real (inflation-adjusted) change was about +14.2%.