Highest so far that week
This was the strongest close of the week up to that point.
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This page is a historical record of the silver price in 12 March 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $19.91 per troy ounce on 12 March 2008, up $0.235 (1.19%) from the previous close of $19.68.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This was the strongest close of the week up to that point.
This close sat 3.74% below the highest silver close recorded up to that date, set on 2008-03-05.
One of the ten highest silver closes of that year, ranking 8 of 252 sessions.
Twelve months earlier silver traded around $12.98, making this a +53.34% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $19.91 per troy ounce on 12 March 2008. That is $0.23 higher than the previous close of $19.68, a move of 1.19%.
The silver price rose on 12 March 2008, gaining $0.23 (1.19%) against the previous session's close of $19.68.
At $19.91 per troy ounce, one gram of pure silver was worth about $0.64 on 12 March 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 49.2 on 12 March 2008, meaning one ounce of gold was worth roughly 49.2 ounces of silver.
A week before 12 March 2008, silver was around $20.68 per troy ounce, so the close of $19.91 is a loss of 3.7% over the week.
A month before 12 March 2008, silver was around $17.22 per troy ounce, so the close of $19.91 is a gain of 15.6% over the month.
A year before 12 March 2008, silver was around $12.98 per troy ounce. The close of $19.91 therefore represents a rise of 53.3% over twelve months.
It closed 3.74% below the highest close on record up to that date, which was set on 2008-03-05.