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Price history · 2016

Silver price in 2016

Among 12 monthly observations available for 2016, the sampled silver price rose 15.3% between 2016-01-29 ($14.08) and 2016-12-30 ($16.24). The highest sampled price was $20.04 in July and the lowest was $14.08 in January. The mean of these observations was $17.11. This is a first-to-last observation change, not a calendar-year return.

Data retrieved 2026-11-03 LBMA benchmark through 2026-09-28, then Bullion Trading LLC closes Methodology

The highest daily silver price in 2016 was $20.71 on August 2, 2016; the lowest was $13.58 on January 28, 2016. Daily benchmark prices; the chart below uses one observation per month, and intraday highs can be higher.

2016 silver price summary

CurrencyFirst observationHighLowLast observationMean
USD $14.08 (2016-01-29) $20.04 (July) $14.08 (January) $16.24 (2016-12-30) $17.11
GBP £9.84 (2016-01-29) £15.20 (July) £9.84 (January) £13.20 (2016-12-30) £12.80
EUR €12.90 (2016-01-29) €18.04 (July) €12.90 (January) €15.38 (2016-12-30) €15.50

One observation per month, per troy ounce: computed from the monthly series, not daily highs, lows or a daily average. The current year may be incomplete. EUR begins 1999.

For today's silver price, see the live spot price page and today's market news, or shop silver bullion at Bullion Trading LLC. Buying? See premiums over spot and current deals. Selling? See what we pay today.

Sources: LBMA precious metal prices through 2026-09-28 (shown as charts, summaries only; we don't publish daily LBMA price tables); Bullion Trading LLC weekday spot closes afterward. Latest observation for this metal: 2026-11-03; the current month is provisional. Prepared by the Bullion Trading LLC editorial team.