Distance from the record
This close sat 49.22% 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 16 March 2022, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 28 February 2022
Silver closed at $24.67 per troy ounce on 16 March 2022, down $0.453 (1.80%) from the previous close of $25.12.
Notable session: lowest close of the month.
This close extended a run of 4 consecutive sessions of losses. Runs are more informative than any one day inside them: they show direction holding rather than a single session's noise.
This close sat 49.22% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $25.97, making this a -5.02% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $24.67 per troy ounce on 16 March 2022. That is $0.45 lower than the previous close of $25.12, a move of -1.80%.
The silver price fell on 16 March 2022, losing $0.45 (1.80%) against the previous session's close of $25.12.
At $24.67 per troy ounce, one gram of pure silver was worth about $0.79 on 16 March 2022. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 77.3 on 16 March 2022, meaning one ounce of gold was worth roughly 77.3 ounces of silver.
A week before 16 March 2022, silver was around $25.76 per troy ounce, so the close of $24.67 is a loss of 4.2% over the week.
This close was session 4 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 49.22% below the highest close on record up to that date, which was set on 2011-04-29.