Distance from the record
This close sat 5.35% below the highest silver close recorded up to that date, set on 2011-03-09.
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This page is a historical record of the silver price in 15 March 2011, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 28 February 2011
Silver closed at $34.12 per troy ounce on 15 March 2011, down $1.709 (4.77%) from the previous close of $35.83.
Notable session: lowest close of the month; moved more than 3% in a session.
Silver lost 4.77% 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 5.35% below the highest silver close recorded up to that date, set on 2011-03-09.
Twelve months earlier silver traded around $17.08, making this a +99.71% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $34.12 per troy ounce on 15 March 2011. That is $1.71 lower than the previous close of $35.83, a move of -4.77%.
The silver price fell on 15 March 2011, losing $1.71 (4.77%) against the previous session's close of $35.83.
At $34.12 per troy ounce, one gram of pure silver was worth about $1.10 on 15 March 2011. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 40.8 on 15 March 2011, meaning one ounce of gold was worth roughly 40.8 ounces of silver.
A week before 15 March 2011, silver was around $35.65 per troy ounce, so the close of $34.12 is a loss of 4.3% over the week.
A month before 15 March 2011, silver was around $30.69 per troy ounce, so the close of $34.12 is a gain of 11.2% over the month.
A year before 15 March 2011, silver was around $17.08 per troy ounce. The close of $34.12 therefore represents a rise of 99.7% over twelve months.
It closed 5.35% below the highest close on record up to that date, which was set on 2011-03-09.