Distance from the record
This close sat 8.23% below the highest silver close recorded up to that date, set on 2004-04-06.
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This page is a historical record of the silver price in 11 March 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.535 per troy ounce on 11 March 2005, up $0.043 (0.57%) from the previous close of $7.492.
This close sat 8.23% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $7.181, making this a +4.93% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.53 per troy ounce on 11 March 2005. That is $0.04 higher than the previous close of $7.49, a move of 0.57%.
The silver price rose on 11 March 2005, gaining $0.04 (0.57%) against the previous session's close of $7.49.
At $7.53 per troy ounce, one gram of pure silver was worth about $0.24 on 11 March 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.2 on 11 March 2005, meaning one ounce of gold was worth roughly 59.2 ounces of silver.
A week before 11 March 2005, silver was around $7.35 per troy ounce, so the close of $7.53 is a gain of 2.5% over the week.
It closed 8.23% below the highest close on record up to that date, which was set on 2004-04-06.