Silver Price in October 2016
In October 2016, silver fell 7.2%, from $19.14 at the end of September to $17.76 per troy ounce on October 31, 2016. The highest close was $18.80 on October 3, 2016, the lowest $17.29 on October 6, 2016, and the average over 20 trading days was $17.60. Today's price is 223.6% higher than the October 2016 close.
Silver price chart, October 2016
US dollars per troy ounce · daily closeDaily Silver Prices, October 2016
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 |
|---|---|---|---|---|---|
| Oct 3Mon | $18.80 | −1.80% | $0.60 | ₹40,212 | AED 2,218.95 |
| Oct 4Tue | $17.71 | −5.76% | $0.57 | ₹37,803 | AED 2,091.21 |
| Oct 5Wed | $17.63 | −0.45% | $0.57 | ₹37,746 | AED 2,082.34 |
| Oct 6Thu | $17.29 | −1.96% | $0.56 | ₹36,997 | AED 2,041.03 |
| Oct 7Fri | $17.32 | +0.21% | $0.56 | ₹37,143 | AED 2,045.28 |
| Oct 11Tue | $17.46 | +0.76% | $0.56 | ₹37,313 | AED 2,060.87 |
| Oct 12Wed | $17.46 | −0.01% | $0.56 | ₹37,487 | AED 2,060.69 |
| Oct 13Thu | $17.41 | −0.26% | $0.56 | ₹37,401 | AED 2,055.38 |
| Oct 14Fri | $17.39 | −0.10% | $0.56 | ₹37,345 | AED 2,053.37 |
| Oct 17Mon | $17.43 | +0.19% | $0.56 | ₹37,372 | AED 2,057.21 |
| Oct 18Tue | $17.59 | +0.95% | $0.57 | ₹37,770 | AED 2,076.75 |
| Oct 19Wed | $17.62 | +0.14% | $0.57 | ₹37,798 | AED 2,079.70 |
| Oct 20Thu | $17.50 | −0.65% | $0.56 | ₹37,496 | AED 2,066.30 |
| Oct 21Fri | $17.45 | −0.31% | $0.56 | ₹37,496 | AED 2,059.92 |
| Oct 24Mon | $17.56 | +0.65% | $0.56 | ₹37,780 | AED 2,073.38 |
| Oct 25Tue | $17.74 | +0.99% | $0.57 | ₹38,110 | AED 2,093.87 |
| Oct 26Wed | $17.59 | −0.85% | $0.57 | ₹37,756 | AED 2,076.04 |
| Oct 27Thu | $17.60 | +0.11% | $0.57 | ₹37,844 | AED 2,078.23 |
| Oct 28Fri | $17.76 | +0.90% | $0.57 | ₹38,206 | AED 2,096.88 |
| Oct 31Mon | $17.76 | 0.00% | $0.57 | ₹38,136 | AED 2,096.94 |
How October usually goes for silver
In the 20 years from 2006 to 2025, silver rose in October 14 times out of 20, with an average move of +1.5% and a median of +1.8%.
Silver in October 2016: FAQ
What was the price of silver in October 2016?
Silver traded between $17.29 and $18.80 per troy ounce (daily closes) in October 2016, averaging $17.60. It closed the month at $17.76.
How much did silver go down in October 2016?
Silver fell 7.2%, from $19.14 to $17.76. The biggest daily rise was +1.0% on October 25, 2016 and the biggest fall −5.8% on October 4, 2016.
What was the silver price on October 3, 2016?
Silver closed at $18.80 per troy ounce on October 3, 2016, the first trading day of the month. 999 India, ₹ per kg: ₹40,212.
Is October usually a good month for silver?
In the 20 years from 2006 to 2025, silver rose in October 14 times out of 20, with an average move of +1.5% and a median of +1.8%. Past seasonal patterns are not a reliable guide to any single year.