Silver Price in 2016
The silver price rose 14.9% in 2016, from $13.84 at the end of 2015 to $15.90. Its highest close was $20.62 on Aug 2, and its lowest $13.74 on Jan 12. The biggest one-day fall was −6.6% on Nov 11 and the biggest rise +5.6% on Jul 1. Adjusted for inflation, it gained 12.6%.
Daily COMEX prices, the year in 12 currencies and festival prices: Silver Price in 2016 →
Silver Price, daily closes 2016
Numbers mark the events belowKey Events in 2016
What happened, and how the Silver moved — on the day (or the next trading day) and about a month later.
- 1
Thursday, June 23UK votes 51.9% to 48.1% to leave the EU; sterling falls to its lowest level since 1985 as results come in. SourceSilver: −1.3% that day · +14.4% a month later
- 2
Friday, July 1 From the dataBiggest one-day rise of the year: +5.6%.
- 3
Tuesday, November 8Donald Trump wins the US presidential election. SourceSilver: +0.9% that day · −8.1% a month later
- 4
Friday, November 11 From the dataBiggest one-day fall of the year: −6.6%.
- 5
Wednesday, November 23 From the dataEnters a bear market: 20% below its peak of $20.62 (August 2, 2016).
Biggest days of 2016
| Best days | Worst days | ||
|---|---|---|---|
| Jul 1 | +5.6% | Nov 11 | −6.6% |
| Apr 19 | +4.3% | Oct 4 | −5.4% |
| Jun 24 | +4.1% | Dec 15 | −5.2% |
| Jun 8 | +3.9% | Mar 23 | −3.9% |
| Jul 27 | +3.7% | Aug 5 | −3.2% |
Volatility: 24.7% (annualised standard deviation of daily changes).
Month by month
| Month | Close | Change |
|---|---|---|
| Jan | $14.24 | +2.9% |
| Feb | $14.87 | +4.4% |
| Mar | $15.43 | +3.8% |
| Apr | $17.81 | +15.4% |
| May | $15.95 | −10.4% |
| Jun | $18.71 | +17.3% |
| Jul | $20.30 | +8.5% |
| Aug | $18.61 | −8.3% |
| Sep | $19.15 | +2.9% |
| Oct | $17.87 | −6.7% |
| Nov | $16.48 | −7.8% |
| Dec | $15.90 | −3.5% |
Other Markets in 2016
Change over the calendar year.
| Market | Change | Year-end |
|---|---|---|
| Silver Price | +14.9% | $15.90 |
| Dow Jones Industrial Average in 2016 | +13.4% | 19,762.60 |
| S&P 500 in 2016 | +9.5% | 2,238.83 |
| Nasdaq Composite in 2016 | +7.8% | 5,440.17 |
| Russell 2000 in 2016 | +19.5% | 1,357.13 |
| Nikkei 225 in 2016 | +0.4% | 19,114.37 |
| Gold in 2016 | +8.5% | $1,150.90 |
| WTI crude oil in 2016 | +45.0% | $53.72 |
| Brent crude oil in 2016 | +50.6% | $56.13 |
| US 10-year Treasury yield in 2016 | +0.18 pp | 2.45% |
Silver Price in 2016: FAQ
How much did the silver price rise in 2016?
The silver price rose 14.9% in 2016, from $13.84 at the end of 2015 to $15.90. Its highest close was $20.62 on Aug 2, and its lowest $13.74 on Jan 12. The biggest one-day fall was −6.6% on Nov 11 and the biggest rise +5.6% on Jul 1. Adjusted for inflation, it gained 12.6%.
What were the highest and lowest closes of the silver price in 2016?
Highest: $20.62 on August 2, 2016. Lowest: $13.74 on January 12, 2016. It closed higher on 136 of 260 trading days.
What happened to the silver price on June 23, 2016?
UK votes 51.9% to 48.1% to leave the EU; sterling falls to its lowest level since 1985 as results come in. The silver price fell 1.3% that day, and was +14.4% a month later.
Data: London silver fix from 1968 to Jan 2018 (gaps filled with Perth Mint spot), COMEX silver futures closes after that. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.
Cite this page
For essays, articles and research. Prices on this page update daily, so the citations include today's date as the date you accessed it.
@misc{corgano2026silverpricein2016, author = {{Corgano}}, title = {Silver Price in 2016}, howpublished = {\url{https://silverprice.corgano.com/silver-price-history/2016}}, year = {2026}, note = {Corgano Gold Price, accessed 2026-10-31}}