Distance from the record
This close sat 32.96% below the highest silver close recorded up to that date, set on 2011-04-29.
Loading…
This page is a historical record of the silver price in 16 March 2012, not the current price.See today's silver price (11 September 2026)
Silver closed at $32.57 per troy ounce on 16 March 2012, down $0.120 (0.37%) from the previous close of $32.69.
This close sat 32.96% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $34.47, making this a -5.51% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $32.57 per troy ounce on 16 March 2012. That is $0.12 lower than the previous close of $32.69, a move of -0.37%.
The silver price fell on 16 March 2012, losing $0.12 (0.37%) against the previous session's close of $32.69.
At $32.57 per troy ounce, one gram of pure silver was worth about $1.05 on 16 March 2012. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 50.8 on 16 March 2012, meaning one ounce of gold was worth roughly 50.8 ounces of silver.
A week before 16 March 2012, silver was around $34.17 per troy ounce, so the close of $32.57 is a loss of 4.7% over the week.
It closed 32.96% below the highest close on record up to that date, which was set on 2011-04-29.