Distance from the record
This close sat 67.15% below the highest silver close recorded up to that date, set on 2011-04-29.
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This page is a historical record of the silver price in 12 March 2020, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 17 July 2019
Silver closed at $15.96 per troy ounce on 12 March 2020, down $0.768 (4.59%) from the previous close of $16.73.
Notable session: moved more than 3% in a session.
Silver lost 4.59% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 67.15% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.34, making this a +4.06% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $15.96 per troy ounce on 12 March 2020. That is $0.77 lower than the previous close of $16.73, a move of -4.59%.
The silver price fell on 12 March 2020, losing $0.77 (4.59%) against the previous session's close of $16.73.
At $15.96 per troy ounce, one gram of pure silver was worth about $0.51 on 12 March 2020. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 99.6 on 12 March 2020, meaning one ounce of gold was worth roughly 99.6 ounces of silver.
A week before 12 March 2020, silver was around $17.34 per troy ounce, so the close of $15.96 is a loss of 8.0% over the week.
A month before 12 March 2020, silver was around $17.48 per troy ounce, so the close of $15.96 is a loss of 8.7% over the month.
This close was session 5 of a consecutive run of losses. A run is counted by closes, so an intraday reversal that still closed in the same direction does not break it.
It closed 67.15% below the highest close on record up to that date, which was set on 2011-04-29.