Distance from the record
This close sat 14.29% below the highest silver close recorded up to that date, set on 2000-08-31.
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This page is a historical record of the silver price in 16 March 2001, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 1 March 2001
Silver closed at $4.288 per troy ounce on 16 March 2001, down $0.037 (0.86%) from the previous close of $4.325.
This close sat 14.29% below the highest silver close recorded up to that date, set on 2000-08-31.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $4.29 per troy ounce on 16 March 2001. That is $0.04 lower than the previous close of $4.32, a move of -0.86%.
The silver price fell on 16 March 2001, losing $0.04 (0.86%) against the previous session's close of $4.32.
At $4.29 per troy ounce, one gram of pure silver was worth about $0.14 on 16 March 2001. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 60.2 on 16 March 2001, meaning one ounce of gold was worth roughly 60.2 ounces of silver.
A week before 16 March 2001, silver was around $4.49 per troy ounce, so the close of $4.29 is a loss of 4.5% over the week.
It closed 14.29% below the highest close on record up to that date, which was set on 2000-08-31.