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 16 March 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.425 per troy ounce on 16 March 2005, up $0.048 (0.65%) from the previous close of $7.377.
This was the strongest close of the week up to that point.
This close sat 9.57% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $7.155, making this a +3.77% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.43 per troy ounce on 16 March 2005. That is $0.05 higher than the previous close of $7.38, a move of 0.65%.
The silver price rose on 16 March 2005, gaining $0.05 (0.65%) against the previous session's close of $7.38.
At $7.43 per troy ounce, one gram of pure silver was worth about $0.24 on 16 March 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.8 on 16 March 2005, meaning one ounce of gold was worth roughly 59.8 ounces of silver.
A week before 16 March 2005, silver was around $7.60 per troy ounce, so the close of $7.43 is a loss of 2.4% over the week.
It closed 9.57% below the highest close on record up to that date, which was set on 2004-04-06.