Distance from the record
This close sat 10.16% below the highest silver close recorded up to that date, set on 2004-04-06.
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This page is a historical record of the silver price in 18 March 2005, not the current price.See today's silver price (11 September 2026)
Silver closed at $7.377 per troy ounce on 18 March 2005, down $0.008 (0.11%) from the previous close of $7.385.
Silver barely moved, closing within 0.11% of the previous session. Flat days are the majority of any price series and are most useful as the baseline the notable days are measured against.
This close sat 10.16% below the highest silver close recorded up to that date, set on 2004-04-06.
Twelve months earlier silver traded around $7.453, making this a -1.02% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $7.38 per troy ounce on 18 March 2005. That is $0.01 lower than the previous close of $7.39, a move of -0.11%.
The silver price fell on 18 March 2005, losing $0.01 (0.11%) against the previous session's close of $7.39.
At $7.38 per troy ounce, one gram of pure silver was worth about $0.24 on 18 March 2005. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 59.5 on 18 March 2005, meaning one ounce of gold was worth roughly 59.5 ounces of silver.
A week before 18 March 2005, silver was around $7.53 per troy ounce, so the close of $7.38 is a loss of 2.1% over the week.
It closed 10.16% below the highest close on record up to that date, which was set on 2004-04-06.