Distance from the record
This close sat 3.84% below the highest silver close recorded up to that date, set on 2008-03-05.
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This page is a historical record of the silver price in 18 March 2008, not the current price.See today's silver price (11 September 2026)
Silver closed at $19.89 per troy ounce on 18 March 2008, down $0.332 (1.64%) from the previous close of $20.22.
This close sat 3.84% below the highest silver close recorded up to that date, set on 2008-03-05.
One of the ten highest silver closes of that year, ranking 9 of 252 sessions.
Twelve months earlier silver traded around $13.13, making this a +51.52% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $19.89 per troy ounce on 18 March 2008. That is $0.33 lower than the previous close of $20.22, a move of -1.64%.
The silver price fell on 18 March 2008, losing $0.33 (1.64%) against the previous session's close of $20.22.
At $19.89 per troy ounce, one gram of pure silver was worth about $0.64 on 18 March 2008. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 50.4 on 18 March 2008, meaning one ounce of gold was worth roughly 50.4 ounces of silver.
A month before 18 March 2008, silver was around $17.10 per troy ounce, so the close of $19.89 is a gain of 16.3% over the month.
A year before 18 March 2008, silver was around $13.13 per troy ounce. The close of $19.89 therefore represents a rise of 51.5% over twelve months.
It closed 3.84% below the highest close on record up to that date, which was set on 2008-03-05.