Distance from the record
This close sat 67.47% 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 18 March 2016, not the current price.See today's silver price (11 September 2026)
Silver closed at $15.81 per troy ounce on 18 March 2016, down $0.216 (1.35%) from the previous close of $16.02.
Silver moved the opposite way to the session before it. Single-day reversals are common and usually mean little on their own — what matters is whether the next few sessions follow.
This close sat 67.47% below the highest silver close recorded up to that date, set on 2011-04-29.
Twelve months earlier silver traded around $15.52, making this a +1.81% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Silver closed at $15.81 per troy ounce on 18 March 2016. That is $0.22 lower than the previous close of $16.02, a move of -1.35%.
The silver price fell on 18 March 2016, losing $0.22 (1.35%) against the previous session's close of $16.02.
At $15.81 per troy ounce, one gram of pure silver was worth about $0.51 on 18 March 2016. A troy ounce is 31.1034768 grams.
The gold-to-silver ratio closed at about 79.3 on 18 March 2016, meaning one ounce of gold was worth roughly 79.3 ounces of silver.
It closed 67.47% below the highest close on record up to that date, which was set on 2011-04-29.