Distance from the record
This close sat 42.23% 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 2009, not the current price.See today's silver price (11 September 2026)
Lowest closing price since 23 January 2009
Silver closed at $11.95 per troy ounce on 18 March 2009, down $0.735 (5.79%) from the previous close of $12.69.
Notable session: lowest close of the month; moved more than 3% in a session.
Silver lost 5.79% in one session, far more than a normal day's range. Falls this size rarely happen in isolation — the days on either side give the move its context.
This close sat 42.23% below the highest silver close recorded up to that date, set on 2008-03-05.
Twelve months earlier silver traded around $19.89, making this a -39.92% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $11.95 per troy ounce on 18 March 2009. That is $0.74 lower than the previous close of $12.69, a move of -5.79%.
The silver price fell on 18 March 2009, losing $0.74 (5.79%) against the previous session's close of $12.69.
At $11.95 per troy ounce, one gram of pure silver was worth about $0.38 on 18 March 2009. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 74.4 on 18 March 2009, meaning one ounce of gold was worth roughly 74.4 ounces of silver.
A week before 18 March 2009, silver was around $12.81 per troy ounce, so the close of $11.95 is a loss of 6.7% over the week.
A month before 18 March 2009, silver was around $14.29 per troy ounce, so the close of $11.95 is a loss of 16.4% over the month.
A year before 18 March 2009, silver was around $19.89 per troy ounce. The close of $11.95 therefore represents a fall of 39.9% over twelve months.
This close was session 3 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 42.23% below the highest close on record up to that date, which was set on 2008-03-05.